§ Mr. MitchellTo ask the Secretary of State for Trade and Industry if those water companies considering mutualising their assets will be able to form limited liabilities partnerships under the Limited Liability Partnerships Bill[Lords]. [127558]
§ Dr. HowellsAny two or more persons associated for carrying on a lawful business with a view to profit and satisfying the registration requirements may become a limited liability partnership. However, a "statutory undertaker" under the Water Industry Act 1991 must be a company limited by shares and could not therefore be an LLP.