Malaysia legislation

Section 60

of LABUAN LIMITED PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS ACT 2010

Section 60

Assignment of interest

(2)

An assignment under subsection (1) shall not by itself—

(a)

cause the partner to cease being a partner of the Labuan limited liability partnership; and

(b)

entitle the assignee to interfere in the management of the

Labuan limited liability partnership.

Labuan Limited Partnerships and Limited

Liability Partnerships 55

Admission and retirement of partners

Section 60 — AKTA PERKONGSIAN TERHAD DAN PERKONGSIAN LIABILITI TERHAD LABUAN 2010