Delegated legislative powers enabling detailed procedural rules for implementation of the LLP regime, with parliamentary oversight.

The memorandum explains delegated powers in the Limited Liability Partnership Bill, 2008: notification powers to exclude specified bodies from the definition of "body corporate"; directions applying Companies Act provisions to LLPs with exceptions and adaptations; power to alter Schedule provisions; and a broad rule making power to prescribe procedural and administrative matters (forms, filings, fees, notices, accounts, audits, foreign LLP regulation, winding up, electronic filing, striking off and related items). It also authorises limited period orders to remove difficulties and requires laying of notifications, rules and orders before Parliament.

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