Malaysia legislation

Section 47

of LABUAN LIMITED PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS ACT 2010

Section 47

(a)

a statement that it was, as from the date of registration, converted from a Labuan limited partnership or Labuan company, as the case may be, to a Labuan limited liability partnership; and

(b)

the name and registration number, if applicable, of the

Labuan limited partnership or Labuan company from which it was converted.

Labuan Limited Partnerships and Limited

Liability Partnerships 43

(2)

Any Labuan limited liability partnership which contravenes subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit and, in the case of a continuing offence, to a further fine not exceeding one thousand ringgit for every day or part thereof during which the offence continues after conviction.

Recognized limited liability partnership

Registration of recognized limited liability partnership

Section 47 — AKTA PERKONGSIAN TERHAD DAN PERKONGSIAN LIABILITI TERHAD LABUAN 2010