Limited Liability Partnerships Act 2012 · Updated to 1 Aug 2022 · Part V · Conversion to Limited Liability Partnerships
43. Existing statutory books, registers, records, etc.
Feedback & supportAll statutory books, registers and other records that are required to be maintained or kept by a private company under the
private company
“private company” has the meaning assigned to it in the *Companies Act 1965;
*Companies Act 1965 shall be transferred to the limited liability partnership and kept at its registered office for a period of seven years from the date of registration.
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;
A limited liability partnership and every partner of the limited liability partnership who fail to comply with subsection (1) commit an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit and, in the case of a continuing offence, to a further fine not exceeding five hundred ringgit for each day during which the offence continues after conviction.
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;
*NOTE—The Companies Act 1965 [Act 125] has been repealed by the Companies Act 2016
[Act 777] w.e.f 31 January 2017―see subsection 620(1) of Act 777.
38 Laws of Malaysia ACT 743