Limited Liability Partnerships Act 2012 · Updated to 1 Aug 2022 · Part III · Formation and Registration
8. Partnership for professional practice
Feedback & supportA limited liability partnership may be formed for the purpose of carrying on a professional practice which partners shall—
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;
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consist of natural persons who are practising the same professional practice and no one else; and
professional practice
“professional practice” means the practice as specified in the first column of the First Schedule which is governed by the written law as specified in the second column of the First Schedule, respectively;
have in force professional indemnity insurance cover for an amount of not less than the amount—
approved by the Registrar; or
Registrar
“Registrar” means the Registrar designated under subsection 20A (1) of the Companies Commission of Malaysia Act 2001.
in the case where the professional practice is governed by a governing body as specified under the third column of the First Schedule, approved by the
Registrar after consultation with the governing body.