Singapore legislation

Section 54

of Limited Liability Partnerships Act 2005

Section 54

Central register of controllers

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

(1)

This section applies where the Minister, by notification in the Gazette, directs the Registrar to maintain a central register of controllers of limited liability partnerships.

Amended by16/2017

(2)

Where the Minister has directed the Registrar to maintain a central register of controllers of limited liability partnerships under subsection (1) —

(a)

the Registrar must keep a central register of controllers consisting of the particulars contained in the registers kept by limited liability partnerships to which this Part applies; and

(b)

the Registrar may require any limited liability partnership to which this Part applies to lodge with the Registrar —

(i)

all particulars contained in the limited liability partnership’s register maintained under section 47; and

(ii)

all updates to the limited liability partnership’s register that occur after the lodgment of the particulars under sub‑paragraph (i).

Amended by16/2017

(3)

A lodgment mentioned in subsection (2)(b) must be made in such form and manner, and within such time, as may be prescribed.

Amended by16/2017

(4)

If a limited liability partnership fails to comply with subsection (2)(b) or (3), 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.

Amended by16/2017

(5)

Except in such circumstances as may be prescribed, the Registrar must not disclose, or make available for inspection, the central register of controllers of limited liability partnerships kept by the Registrar under this section to any member of the public.[32M

Amended by16/2017
Section 54 — Limited Liability Partnerships Act 2005