346 Effect of appointment of a partnership
346 Effect of appointment of a partnership
Companies Act 2006 | Legislation

(1)     This section applies where a partnership that is not a legal person under the law by which it is governed is appointed as an independent assessor.

(2)     Unless a contrary intention appears, the appointment is of the partnership as such and not of the partners.

(3)     Where the partnership ceases, the appointment is to be treated as extending to—

(a)     any partnership that succeeds to the practice of that partnership, or

(b)     any other person who succeeds to that practice having previously carried it on in partnership.

(4)     For the purposes of subsection (3)—

(a)     a partnership is regarded as succeeding to the practice of another partnership only if the members of the successor partnership are substantially the same as those of the former partnership, and