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Section 50

Registered office of recognized limited liability partnership

of Labuan Limited Partnerships and Limited Liability Partnerships Act 2010

ActIn forceProvision 50 of 91
Section 50
(1)

Every recognized limited liability partnership shall at all times have a registered office in Labuan, which office shall be the principal office of a Labuan trust company.

(2)

Notice of the location of the registered office and any change thereof shall be filed with the Authority within one month after the date of registration of the recognized limited liability partnership or the date of the change, as the case may be.

(3)

If default is made in complying with this section the recognized limited liability partnership and every designated partner commit an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit.