Malaysia legislation
Section 9
of LABUAN LIMITED PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS ACT 2010
Section 9
(2)
A Labuan limited 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 partnership is registered, a person may validly serve any document on the Labuan limited partnership at its previous registered office.
Labuan Limited Partnerships and Limited
Liability Partnerships 19
(5)
A Labuan limited partnership shall keep at its registered office—
(a)
a register—
(i)
showing, in the case of an individual, the full name and address for each limited partner and general partner and, in the case of a corporation, its full name, the place where it is incorporated and its registered or principal office; and
(ii)
showing for each limited partner, where the participation of limited 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 partnership and each amendment made thereto;
(c)
a statement of the amount of contributions agreed to be made by limited 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 limited partner and the dates thereof;
(e)
a statement of the amount of contributions returned to limited 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
Act 707
(c)
available for inspection and copying without charge during ordinary business hours at the request of a partner.
(7)
If a Labuan limited partnership fails to comply with this section, the Labuan limited partnership and each of the general partners shall be liable to an administrative penalty as specified by the Authority.