Singapore legislation
Clause 19
of Companies and Limited Liability Partnerships (Miscellaneous Amendments) Bill
Clause 19
Amendment of section 53
In the LLP Act, in section 53, after subsection (4), insert —“(4A) Despite section 79, a person who, in complying with a requirement imposed, or in answering an inquiry made, under subsection (1) or (2), provides any information that is false or misleading in a material particular to the Registrar or an officer of the Authority, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $25,000.(4B) In proceedings for an offence under subsection (4A), it is a defence to the charge for the accused to prove, on a balance of probabilities, that the accused took all reasonable steps and exercised all due diligence to ensure that the information provided was not false or misleading.”.