Limited Liability Partnerships Act 2005 · 2020 Revised Edition · Part 6A · Register of Controllers
47A. Additional particulars
Feedback & supportLast amended by an amending law of 2024. 2 amendments in all.
This section applies where a limited liability partnership knows, or has reasonable grounds to believe —
limited liability partnership
“limited liability partnership” has the meaning given by section 4(1);
that the limited liability partnership has no registrable controller; or
that the limited liability partnership has a registrable controller but has not been able to identify the registrable controller.
Where this section applies, each partner with executive control of the limited liability partnership is, subject to subsection (9), taken to be a registrable controller of the limited liability partnership for the purposes of this Part.
partner
“partner”, in relation to a limited liability partnership, means any person who has been admitted as a partner in the limited liability partnership in accordance with the limited liability partnership agreement;
Where this section applies, the limited liability partnership must enter the following in its register of controllers:
register of controllers
“register of controllers” or “register”, in relation to a limited liability partnership to which this Part applies, means the register that the limited liability partnership is required to keep of its registrable controllers under section 47(1), (2) or (3);
a note stating —
that the limited liability partnership knows, or has reasonable grounds to believe, as the case may be —
that the limited liability partnership has no registrable controller; or
that the limited liability partnership has a registrable controller but has not been able to identify the registrable controller; and
that each partner with executive control of the limited liability partnership is taken to be a registrable controller of the limited liability partnership under subsection (2);
the prescribed particulars of each partner with executive control of the limited liability partnership.
A limited liability partnership must enter the matters mentioned in subsection (3) in its register of controllers within the prescribed period after —
in the case of a limited liability partnership that knows, or has reasonable grounds to believe, that it has no registrable controller — the date on which the limited liability partnership knows, or has reasonable grounds to believe, that the limited liability partnership has no registrable controller; or
in the case of a limited liability partnership that knows, or has reasonable grounds to believe, that it has a registrable controller but has not been able to identify the registrable controller — the date on which the limited liability partnership, having taken the reasonable steps required by section 48(1), forms the opinion that it is unable to identify the registrable controller.
A limited liability partnership must, within the prescribed period after the date on which the limited liability partnership knows, or has reasonable grounds to believe, that any change in the particulars entered in its register of controllers under subsection (3)(b) has occurred, update its register of controllers to reflect the change.
If a limited liability partnership mentioned in subsection (1) enters the particulars of a registrable controller in its register of controllers under section 47(6), the limited liability partnership must, at the same time, enter in its register of controllers a note stating —
controller
“controller” means an individual controller or a corporate controller;
that each partner with executive control of the limited liability partnership is no longer taken to be a registrable controller of the limited liability partnership under subsection (2); and
the date on which the particulars of the registrable controller were entered in its register of controllers under section 47(6).
If a limited liability partnership fails to comply with subsection (3), (4), (5) or (6), 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 $25,000.
In this section, “partner with executive control”, in relation to a limited liability partnership, means a partner of the limited liability partnership who exercises executive control over the daily or regular affairs of the limited liability partnership through a senior management position.
Despite anything in this Part, a reference in section 47(6) or (7), 48(1) or (2), 49(1) or (7), 50(1), 50A(1) or (6), 51(1) or 52(1) to a controller or a registrable controller does not include a partner taken to be a registrable controller under subsection (2).