SolvedBKLM260000 | Relevant entities and groups: members of banking partnerships
From HM Revenue & Customs · Bank Levy Manual
Paragraph 80(2) and 78(2) of Schedule 19
A company may also be a UK resident bank or a relevant foreign bank, if it is a member of a partnership which meets certain conditions.
For UK resident companies - see BKLM261000
For non-UK resident companies - see BKLM262000.
Paragraph 70(1) of Schedule 19
For bank levy purposes, 'partnership' includes:
a limited liability partnership, and
an entity established under the law of a territory outside the United Kingdom of a similar character to a partnership. See INTM180030 (external users can find the guidance on GOV.UK)
'Member', in relation to a partnership, has a correspondingly broad meaning.