Singapore legislation

Section 44

of Limited Liability Partnerships Act 2005

Section 44

Meaning of “registrable”

Amended by16/2017

For the purposes of this Part, in relation to a limited liability partnership (X), a controller (A) is registrable unless —

(a)

A’s significant interest in or significant control over X is only through one or more controllers (B) of X;

(b)

A is a controller of B (or each B if more than one); and

(c)

B (or each B if more than one) is either —

(i)

a limited liability partnership to which this Part applies and which is required to keep a register of controllers under section 47;

(ii)

a limited liability partnership set out in the Sixth Schedule;

(iii)

a company, or a foreign company to which Part 11A of the Companies Act 1967 applies, that is required to keep a register of controllers of companies or foreign companies under that Act;

(iv)

a company that is set out in the Fourteenth Schedule to the Companies Act 1967;

(v)

a foreign company that is set out in the Fifteenth Schedule to the Companies Act 1967;

(vi)

a corporation whose shares are listed for quotation on an approved exchange; or

(vii)

a trustee of an express trust to which Part 7 of the Trustees Act 1967 applies.[32C