Malaysia legislation

Section 34

of LABUAN LIMITED PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS ACT 2010

Section 34

(2)

In this chapter, “convert”, in relation to a Labuan limited partnership converting to a Labuan limited liability partnership, means a transfer of the properties, interests, rights, privileges, liabilities, obligations and the undertaking of the Labuan limited partnership to the Labuan limited liability partnership.

Act 707

Conversion from Labuan company to Labuan limited liability partnership