Malaysia legislation

Section 30

of LABUAN LIMITED PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS ACT 2010

Section 30

(2)

The application shall state—

(a)

the name under which the Labuan limited liability partnership is to be conducted;

(b)

the intended address of the registered office of the Labuan limited liability partnership;

(c)

the full name and address of each person who is to be a partner in the Labuan limited liability partnership and, where any of these persons is a corporation, the place where it is incorporated and its registered or principal office;

(d)

the full name and address of the person who is to be a designated partner and, where the person is a corporation, the place where it is incorporated and its registered or principal office;

(e)

the nature of business to be undertaken; and

(f)

such other information as may be specified by the Authority.

(3)

Upon the registration of a Labuan limited liability partnership, the Authority shall issue a certificate of registration which shall be signed by the Authority or any of its authorized officers and sealed with its seal.

(4)

A certificate of registration issued under subsection (3)

shall be conclusive evidence that the Labuan limited liability partnership has been registered with the Authority.

Labuan Limited Partnerships and Limited

Liability Partnerships 35

(5)

The Authority may impose or attach any condition, restriction or term as it thinks fit to a registration under this section.

(6)

Nothing in this section shall be construed as to require the Authority to register a limited liability partnership if it is not satisfied with the particulars or other information furnished under this Act.

(7)

The Authority shall maintain a register of Labuan limited liability partnerships registered under this Act.

Registration of changes in particulars

Section 30 — AKTA PERKONGSIAN TERHAD DAN PERKONGSIAN LIABILITI TERHAD LABUAN 2010