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Section 23

Authority of general partner to sign

of Labuan Limited Partnerships and Limited Liability Partnerships Act 2010

ActIn forceProvision 23 of 91
Section 23

Where a general partner executes a document on behalf of the Labuan limited partnership, it shall be presumed in favour of any person who is not a partner that—

(a)

the general partner has the authority under which he purports to act; and

(b)

the executed document has been validly executed.