Singapore legislation

Section 29

of Limited Liability Partnerships Act 2005

Section 29

Manager

Amended by7/2009

(1)

Every limited liability partnership must ensure that it has at least one manager who —

(a)

is a natural person;

(b)

has attained 18 years of age and is otherwise of full legal capacity; and

(c)

is ordinarily resident in Singapore.

Amended by7/2009

(2)

Every limited liability partnership must ensure that the particulars of every person who acts as manager of the limited liability partnership and the person’s consent to act as such are lodged with the Registrar in such medium and form as the Registrar may determine.

(3)

A manager is —

(a)

answerable for the doing of all acts, matters and things, as are required to be done by the limited liability partnership under sections 30, 33 and 34; and

(b)

personally liable for all penalties imposed on the limited liability partnership for any contravention of those sections unless the manager satisfies the court hearing the matter that the manager should not be so liable.

(4)

If a limited liability partnership contravenes subsection (1), the limited liability partnership and every partner of the limited liability partnership shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 and, in the case of a continuing offence, to a further fine not exceeding $200 for every day or part of a day during which the offence continues after conviction.

(5)

Any limited liability partnership which contravenes subsection (2) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 and, in the case of a continuing offence, to a further fine not exceeding $200 for every day or part of a day during which the offence continues after conviction.[23

Read in full context — Limited Liability Partnerships Act 2005 →