Singapore legislation
Section 47
Section 47
Register of controllers
(1)
A limited liability partnership registered under this Act on or after 31 March 2017 must keep a register of its registrable controllers not later than 30 days after the date of the limited liability partnership’s registration.
(2)
A limited liability partnership registered under this Act before 31 March 2017 must keep a register of its registrable controllers not later than 60 days after that date.
(3)
If a limited liability partnership that is not a limited liability partnership to which this Part applies subsequently becomes a limited liability partnership to which this Part applies, the limited liability partnership must keep a register of its registrable controllers not later than 60 days after the date on which this Part applies or re‑applies to the limited liability partnership.
(4)
A limited liability partnership must ensure that its register —
contains such particulars of the limited liability partnership’s registrable individual controllers and registrable corporate controllers as may be prescribed;
is updated if any change to the prescribed particulars occurs; and
is kept in such form and at such place as may be prescribed.
(5)
A limited liability partnership must enter the particulars in its register and update the register within the prescribed time and in the prescribed manner.
(6)
A limited liability partnership must —
enter the particulars of any controller in its register, or update the particulars of that controller in the register, after the particulars of that controller are confirmed by the controller; or
if the limited liability partnership does not receive the controller’s confirmation, enter or update the particulars with a note indicating that the particulars have not been confirmed by the controller.
(7)
For the purposes of subsection (6)(a), the particulars of the controller to be entered, or updated, in a register must be confirmed by the controller in the prescribed manner.
(8)
Subject to section 53, a limited liability partnership must not disclose, or make available for inspection, a register or any particulars contained in the register to any member of the public.
(9)
If a limited liability partnership fails to comply with —
subsection (1), (2) or (3), whichever is applicable; or
subsection (4), (5), (6) or (8),the limited liability partnership, and every partner of the limited liability partnership who is in default, shall each be guilty of an offence and shall each be liable on conviction to a fine not exceeding $5,000.[32F