These Regulations amend Schedules 1 and 3 to the Limited Liability Partnerships Regulations 2001 (S.I. 2001/1090) (“the principal regulations”). The principal regulations apply certain provisions of the Companies Act 1985 (c. 6) (“the 1985 Act”) and the Insolvency Act 1986 (c. 45) (“the 1986 Act”) to limited liability partnerships (“LLPs”).