Section 44
Existing appointment, authority or power
of Labuan Limited Partnerships and Limited Liability Partnerships Act 2010
ActIn forceProvision 44 of 91
Section 44
(1)
Every appointment of the Labuan limited partnership or Labuan company in any role or capacity which is in force immediately before the date of registration shall take effect and operate from that date as if the Labuan limited liability partnership were appointed.
(2)
Any authority or power conferred on the Labuan limited partnership or Labuan company which is in force immediately before the date of registration shall take effect and operate from that date as if it were conferred on the Labuan limited liability partnership.
Act 707