Limited Liability Partnerships Act 2005(No. 5 of 2005)
Table of Contents
Long Title
Enacting Formula
Part I PRELIMINARY
1 Short title and commencement
2 Interpretation
3 Administration of Act and appointment of Registrar of Limited Liability Partnerships, etc.
Part II NATURE OF LIMITED LIABILITY PARTNERSHIP
4 Separate legal personality
5 Capacity and execution of documents
6 Non-applicability of partnership law
7 Partners
8 Limited liability of partners
9 Power of partner to bind the limited liability partnership
10 Relationship of partners, etc.
11 Cessation of partnership interest
12 Bankruptcy of partner
13 Assignment of partner’s interest in distributions
Part III REGISTRATION
14 Registration of limited liability partnership
15 Manner and particulars of registration
16 Registration
17 Power to refuse registration
18 Names of limited liability partnerships
19 Restrictions on registration of business names
Part IV CONVERSION TO LIMITED LIABILITY PARTNERSHIP
20 Conversion from firm to limited liability partnership
21 Conversion from private company to limited liability partnership
Part V MANAGEMENT AND ADMINISTRATION
22 Minimum of 2 partners
23 Manager
24 Annual declaration of solvency or insolvency
25 Accounts
26 Registered office
27 Publication of name and limited liability
28 Registration of changes in particulars
Part VI RECEIVERSHIP AND WINDING UP
29 Receivership
30 Winding up
31 Amendment of Fourth and Fifth Schedules
32 Debt owed to partner
Part VII MISCELLANEOUS
33 Restriction on undischarged bankrupt being manager of limited liability partnership
34 Disqualification of unfit managers of insolvent limited liability partnerships
35 Disqualification of managers of limited liability partnerships wound up on grounds of national security or interest
36 Disqualification to act as manager on conviction for certain offences
37 Disqualification under Companies Act
38 Power of Registrar to strike defunct limited liability partnership off register
39 False representation as to registration as limited liability partnership
40 Rectification of register
41 Information service — exclusion of liability of errors or omissions
42 Electronic filing service
43 Inspection
44 Power of Registrar to obtain further information
45 Penalty for providing false information to the Registrar
46 Composition of offences
47 Officers and inspectors deemed to be public servants
48 Destruction of old records
49 Enforcement of duty to make returns
50 Offences by limited liability partnerships
51 Offences by other bodies corporate and partnerships, etc.
52 Authority and its employees not liable to suit
53 Jurisdiction of District Court
54 Evidence
55 General penalties
56 Regulations
57 Rules
58 Criminal liability of partners and managers of limited liability partnerships under other written laws
59 Service of documents on limited liability partnerships under other written laws
60 Consequential and related amendments to other written laws
61 Transitional and savings provisions