Malaysia legislation

Section 25

of LABUAN LIMITED PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS ACT 2010

Section 25

(2)

If the affairs of the Labuan limited partnership are not wound up by the general partners after its dissolution, each of the general partners commits an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit.

Dissolution of Labuan limited partnership on death of general partner

Section 25 — AKTA PERKONGSIAN TERHAD DAN PERKONGSIAN LIABILITI TERHAD LABUAN 2010