Malaysia legislation
Section 63
of LABUAN LIMITED PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS ACT 2010
Section 63
(2)
A Labuan limited liability partnership may change the address of its registered office from time to time by filing a notice of change with the Authority.
(3)
The change of address shall be registered by the Authority and shall take effect upon such registration.
(4)
Notwithstanding subsection (3), until the end of a period of thirty days beginning on the date on which a change of address of a Labuan limited liability partnership is registered, a person may validly serve any document on the Labuan limited liability partnership at its previous registered office.
Labuan Limited Partnerships and Limited
Liability Partnerships 57
(5)
A Labuan limited liability partnership shall keep at its registered office—
(a)
a register showing—
(i)
the full name and address of each partner who is an individual and, in the case of a corporation, its full name, the place where it is incorporated and its registered or principal office; and
(ii)
where the participation by partners is defined by percentage interests or by the number of units or other similar rights held by them, the percentage interest or the number and class of units or other rights held;
(b)
a copy of the partnership agreement of the Labuan limited liability partnership, if any, and each amendment made thereto;
(c)
a statement of the amount of contributions agreed to be made by partners and the time at which, or events on the happening of which, the contributions are to be made;
(d)
a statement of the amount of money and the nature and value of any other property contributed by each partner and the dates thereof;
(e)
a statement of the amount of contribution returned to partners and the dates thereof; and
(f)
such other information as may be specified by the Authority.
(6)
The documents kept under subsection (5) shall be—
(a)
prima facie evidence of the particulars contained in, or required to be contained therein;
(b)
amended within thirty days of any change in the particulars;
and
(c)
available for inspection and copying without charge during ordinary business hours at the request of a partner.
Act 707
(7)
If a Labuan limited liability partnership fails to comply with this section, the Labuan limited liability partnership and each of the partners shall be liable to an administrative penalty as specified by the Authority.
Designated partner