Malaysia legislation

Section 2

of LIMITED LIABILITY PARTNERSHIPS (AMENDMENT) ACT 2024

Section 2

The Limited Liability Partnerships Act 2012 [Act 743], which is referred to as the “principal Act” in this Act, is amended in subsection 10(2)—

(a)

by deleting the word “and” at the end of paragraph (e);

and

LIMITED LIABILITY PARTNERSHIPS

(AMENDMENT) ACT 2024

(b)

by inserting after paragraph (e) the following paragraphs:

“(ea) beneficial ownership as specified under subsection 20c(1);

(eb) the amount of capital contribution by each partner; and”.

Amendment of section 19