Singapore legislation

Clause 11

of Limited Partnerships Bill

Clause 11

Manner and particulars of registration

(1)

A limited partnership may be registered under this Act if a general partner of the limited partnership lodges with the Registrar, in such medium and in such form as the Registrar may determine, a statement containing the following particulars:

(a)

the name of the proposed limited partnership;

(b)

that the partnership is limited;

(c)

the general nature of the business of the proposed limited partnership;

(d)

the principal place of business of the proposed limited partnership and any other place where the business is carried on;

(e)

the full name, identification (if any), nationality and the usual place of residence of every person who is to be a partner of the proposed limited partnership and, where any of these persons is a corporation, the corporate name, place of incorporation or registration, registration number and registered office of the corporation to which all notices and communications may be addressed;

(f)

in relation to each person who is to be a partner of the proposed limited partnership, whether that person is to be a general partner or a limited partner;

(g)

the full name, identification (if any), nationality and the usual place of residence of any local manager appointed under section 28;

(h)

the term, if any, for which the proposed limited partnership is entered into, and the date of its commencement;

(i)

such other information concerning the proposed limited partnership as may be prescribed by the Minister.

(2)

The statement referred to in subsection (1) shall be accompanied by —

(a)

a declaration by the general partner lodging the statement that each partner of the limited partnership has consented to be registered as a general or limited partner, as the case may be, of the limited partnership; and

(b)

a declaration by each general partner of the limited partnership that he has consented to be registered as a general partner of the limited partnership.

(3)

Where a general partner of a limited partnership —

(a)

carries on a business wholly or mainly as nominee or trustee of or for another person, or other persons; or

(b)

acts as agent for any foreign firm for the general purposes of the business of that foreign firm in Singapore,the general partner shall, in addition to the particulars required under subsection (1), furnish the particulars mentioned in the Second Schedule to the Registrar.

(4)

The Registrar may, in any particular case, require the statements, declarations or particulars referred to in subsection (1), (2) or (3) to be verified in such manner as the Registrar considers fit.

(5)

The High Court may, on the application of any person alleged or claiming to be a partner, direct the rectification of the register and decide any question arising under this section.

(6)

In this section, “identification” means —

(a)

in the case of any person issued with an identity card under the National Registration Act (Cap. 201), the number of his identity card; and

(b)

in the case of a person not issued with such an identity card, particulars of his passport or travel document or such other similar evidence of identification as is available, if any.

Clause 11 — Limited Partnerships Bill | laws.sg