Malaysia legislation

Section 15

of LABUAN LIMITED PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS ACT 2010

Section 15

(2)

Except where the limited partner is also a general partner, a limited partner having, with respect to anything done under subsection (1), a claim against the assets of the Labuan limited partnership shall rank as a creditor of the Labuan limited partnership in respect of such claim.

(3)

For the purposes of this section, a claim under subsection (2)

does not include a claim for a return of capital contributions.

Act 707

Limited partners’ rights as between themselves

Section 15 — AKTA PERKONGSIAN TERHAD DAN PERKONGSIAN LIABILITI TERHAD LABUAN 2010