Singapore legislation
Section 42
Section 42
Registration under Business Names Registration Act 2014
(1)
The Business Names Registration Act 2014 does not apply to any person carrying on business in Singapore as a limited partnership registered under this Act, except during any period when the registration of the limited partnership is suspended under this section.
(2)
If a limited partnership registered under this Act ceases to be a limited partnership because no person remains registered under this Act as a limited partner of the limited partnership, the registration of the limited partnership under this Act must be suspended.
(3)
If, upon a suspension pursuant to subsection (2), any person who is registered as a general partner of the limited partnership under this Act would be required to be registered under the Business Names Registration Act 2014 to carry on business under the name of the resultant firm, then with effect from the date of suspension —
that person is deemed to be registered under the Business Names Registration Act 2014 as a person carrying on business under the name of the resultant firm; and
the name of the limited partnership registered under this Act is deemed to be registered as the name of the resultant firm under the Business Names Registration Act 2014.
(4)
If, while the registration of the limited partnership under this Act is suspended, there are any changes in the resultant firm that cause the firm to satisfy the requirements of section 3(2) (relating to the constitution of a limited partnership), any general partner of the limited partnership may register those changes under section 18, and upon such registration —
the registration of the persons carrying on business under the name of the resultant firm under the Business Names Registration Act 2014 ceases; and
the registration of a limited partnership under this Act is restored.
(5)
If the name of the resultant firm does not comply with section 16(1) (Name of limited partnership), subsection (4)(a) and (b) does not operate in respect of the resultant firm unless and until a change in the name of the limited partnership has been registered under section 18 to comply with section 16(1).
(6)
Upon the restoration of the registration of a limited partnership under subsection (4)(b), the Registrar must cause the particulars of the resultant firm as registered under the Business Names Registration Act 2014 immediately before the restoration, with the changes to the resultant firm registered pursuant to subsections (4) and (5), to be registered under this Act as the particulars of the limited partnership.
(7)
This section applies subject to any modification that the Minister may prescribe.