Singapore legislation

Section 52

of Limited Liability Partnerships Act 2005

Section 52

Controller’s duty to provide change of information

Amended by16/201716/201716/201716/201716/2017

(1)

A person who is a registrable controller in relation to a limited liability partnership who knows, or ought reasonably to know, that a relevant change has occurred in the prescribed particulars of the registrable controller must notify the limited liability partnership of the relevant change —

(a)

stating the date that the change occurred; and

(b)

providing the particulars of the change.

Amended by16/2017

(2)

The person mentioned in subsection (1) must comply with the requirements of that subsection within such period as may be prescribed after the date on which that person first knew or ought reasonably to have known of the relevant change.

Amended by16/2017

(3)

A person need not comply with the requirements of subsection (1) if the person has received a notice from the limited liability partnership under section 49(1) and has complied with the requirements of the notice within the time specified in the notice for compliance.

Amended by16/2017

(4)

Any person who fails to comply with subsection (1) or (2) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000.

Amended by16/2017

(5)

For the purposes of this section, a relevant change occurs if —

(a)

a person ceases to be a registrable controller in relation to the limited liability partnership; or

(b)

there is a change in the person’s contact details or such other particulars as may be prescribed.[32K

Amended by16/2017