keep The Companies Act 1989 Part II (Consequential Amendments) Regulations 1995
Technical consequential amendments regulations that: (1) correct a cross-reference in Companies Act 1985 s.717(1)(b) from 'section 5' to 'section 25' regarding limited partnerships, (2) repeal Income and Corporation Taxes Act 1988 s.184(6) on independent accountants, and (3) revoke a redundant sub-paragraph in the 1991 Consequential Amendments Regulations Schedule.
These are purely technical housekeeping amendments correcting cross-reference errors and removing redundant provisions. Britons would be worse off if deleted because: (1) the incorrect cross-reference in s.717 would remain, creating legal uncertainty about which section governs limited partnership member limits; (2) the redundant s.184(6) would clutter the statute book without providing any benefit; (3) legal clarity and consistency reduces transaction costs and prevents litigation from ambiguous references. These amendments improve, not burden, the regulatory framework.