Clause 113
Amendment of section 42
of Corporate and Accounting Laws (Amendment) Bill
BillNot in forceProvision 112 of 156
Clause 113
In the LLP Act, in section 42, after subsection (1), insert —“(1A) Despite subsection (1), sections 48(6), 49(6), 50(6), 50A(3), 51 and 52 apply to a person who is, or of whom there are reasonable grounds to believe is, a registrable controller of a limited liability partnership (other than a limited liability partnership that is set out in the Sixth Schedule), whether or not the person is a limited liability partnership that is set out in the Sixth Schedule.”.