b'Chapter 4: Commercial Tradingsection 95 of the 2003 Act 50Introduction 4.1 51Limited Liability Partnerships (LLPs) 4.2 52Why trading companies? 4.3 52 What were commercial trading powers designed to encourage? 4.4 53 Examples of commercial trading 4.5 54 Issues to consider with trading companies 4.6 54 EU issues and State aid 4.7 55 Exit strategy 4.8 55 Establishing a need 4.9 55 The business plan 4.10 55 Risk assessment and analysis 4.11 56 Risk of trading and failure of companies 4.12 57 Summary 4.13 Chapter 5: Inter-Authority Trading 58 Introduction 5.1 58 Shared services v commercial trading 5.2 59 Trading by and between public bodies? 5.3 59 Other powers to trade? 5.4 60 Making profits or cost recovery? 5.5 60 Less bureaucracy and prescription 5.6 61 Well-being powers 5.7 61 Interface of commercial trading powers with the 1970 Act 5.8 61 1970 Act v the 2003 Act, section 95restrictions on use 5.9 62 State aid and competition law 5.10 64 EU Procurement issues for shared services initiatives 5.11 65 Summary 5.12Chapter 6: Charging and Trading under the 2011 Act 3'