Limited Liability Partnerships Act 2012 · Updated to 1 Aug 2022 · Part IV · Management of a Limited Liability Partnership
23. Power of partner to bind the limited liability partnership
Feedback & supportEvery partner of a limited liability partnership is the agent of the limited liability partnership.
partner
“partner”, in relation to a limited liability partnership, means any person who has been admitted as a partner in the limited liability partnership in accordance with the limited liability partnership agreement, and includes a salaried partner whether or not he is an employee of the limited liability partnership;
Notwithstanding subsection (1), a limited liability partnership is not bound by anything done by a partner in dealing with a person if—
limited liability partnership
“limited liability partnership” means a limited liability partnership registered under section 11 or a foreign limited liability partnership registered under section 45;
the partner is acting without authority; and
the person with whom the partner is dealing—
knows that the partner has no authority; or
does not know that he is a partner of the limited liability partnership.
Where a person has ceased to be a partner of a limited liability partnership, the former partner is to be regarded, in relation to any person dealing with the limited liability partnership, as still being a
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partner of the limited liability partnership unless—
the person dealing with the limited liability partnership knows that the former partner has ceased to be a partner of the limited liability partnership; or
a notice that the former partner has ceased to be a partner of the limited liability partnership has been lodged with the
Registrar by the limited liability partnership or the former partner.
For the purposes of subsection (2), no person is deemed to have notice of any lack of authority of a partner by reason only that the fact is made available by the Registrar for inspection.
Registrar
“Registrar” means the Registrar designated under subsection 20A (1) of the Companies Commission of Malaysia Act 2001.