Section 31
Registration of changes in particulars
of Labuan Limited Partnerships and Limited Liability Partnerships Act 2010
If any change is made or occurs in any of the particulars registered in respect of a Labuan limited liability partnership registered under section 30, that Labuan limited liability partnership shall within thirty days after the change, or such further period as the Authority may on application allow, file with the Authority a notice signed by a designated partner, specifying the nature of the change.
(2)
The Authority shall register the notice referred to in subsection (1), and upon payment of the prescribed fee, the
Authority may issue a certificate certifying the registration of the change in particulars.
(3)
The certificate issued under subsection (2) shall be signed by the Authority or any of its authorized officers and sealed with its seal, and that certificate shall be prima facie evidence in all courts as to the change.
(4)
A person who ceases to be a partner or designated partner of a Labuan limited liability partnership may file with the Authority the notice referred to in subsection (1) if he has reasonable cause to believe that the Labuan limited liability partnership will not file the notice with the Authority.
(5)
The Authority may, in any particular case, require a notice filed under subsection (1) to be rectified by the Labuan limited liability partnership in such manner as the Authority considers fit.
Act 707
(6)
If a Labuan limited liability partnership fails to comply with subsection (1), the Labuan limited liability partnership shall be liable to an administrative penalty as may be specified by the
Authority.