/akn/sg/act/sub_leg/2008/LPA-RG1

Limited Partnerships Regulations

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Type
Subsidiary Legislation
Status
In force
Enacted
2008
Sections
21

Quick answer

About this subsidiary legislation

Limited Partnerships Regulations is Singapore Subsidiary Legislation, cited as Subsidiary Legislation LPA-RG1 2008, currently marked in force and first recorded in 2008.

Regulation 2

Definitions

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Amended byS 846/2015 wef 03/01/2016S 283/2015 wef 15/05/2015

In these Regulations —“electronic transaction form” means a form on the electronic transaction system provided by the Registrar for the purpose of carrying out a transaction with the Registrar;“electronic transaction system” means the electronic transaction system established by the Authority under section 28B(1) of the Accounting and Corporate Regulatory Authority Act (Cap. 2A).

Definition

“electronic transaction form” means a form on the electronic transaction system provided by the Registrar for the purpose of carrying out a transaction with the Registrar;

Amended byS 846/2015 wef 03/01/2016
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Definition

“electronic transaction system” means the electronic transaction system established by the Authority under section 28B(1) of the Accounting and Corporate Regulatory Authority Act (Cap. 2A).

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Regulation 3

Register of limited partnerships

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The Registrar shall keep and maintain a register of limited partnerships in such manner and in such place as he thinks fit.

Regulation 5

Place of business

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Where a person has no fixed or permanent place for carrying on business, the place at which the person can usually be contacted shall be deemed to be the place of business for the purposes of section 2(2) of the Act.

Regulation 6

Requirement to use electronic transaction system

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Amended byS 846/2015 wef 03/01/2016

Subregulation 1

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Except as provided in paragraph (2) or as the Registrar otherwise requires or permits, any transaction with the Registrar under the Act must be carried out using the electronic transaction system on the electronic transaction form provided for that purpose.

Subregulation 2

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If a transaction with the Registrar referred to in paragraph (1) cannot be carried out using the electronic transaction system, the person seeking to carry out the transaction must carry out the transaction with the Registrar in such other form and manner as the Registrar may determine.

Subregulation 3

Suggest a correction

The Registrar may refuse to process a transaction with the Registrar if the person seeking to carry out the transaction —

(a)

does not comply with paragraph (1) or (2);

(b)

does not comply with regulation 7, 8 or 8A;

(c)

being required to complete an electronic transaction form, or other form, provided by the Registrar for that purpose, fails to properly complete the form in accordance with the instructions contained in the form;

(d)

being required to attach any document to, or provide any information required in, an electronic transaction form, or other form, provided by the Registrar for that purpose, fails to attach the document or provide the information, as the case may be; or

(e)

fails to pay the fee prescribed for the transaction.

Subregulation 4

Suggest a correction

To avoid doubt, a reference to a refusal to process a transaction with the Registrar in paragraph (3) includes, where the transaction relates to the filing or lodging of a document with the Registrar, a refusal to accept the document for filing or lodgment.

Regulation 7

Translations of document

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Amended byS 846/2015 wef 03/01/2016

Subregulation 1

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Where a document required to be filed or lodged with the Registrar is not in the English language, that document must be filed or lodged together with a certified translation of the document in the English language.

Subregulation 2

Suggest a correction

The Registrar may, before accepting a translation for filing or lodgment, require the person filing or lodging the translation to furnish to the Registrar such evidence as the Registrar thinks sufficient of the ability of the person by whom the translation is made to make the translation.

Subregulation 3

Suggest a correction

In paragraph (1), “certified translation” means a translation that is certified to be a correct translation in the English language by a person approved by the Registrar.

Regulation 8

Identification documents

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Amended byS 846/2015 wef 03/01/2016

The Registrar may require the production of the identity card or the passport, or such other identification documents as may be acceptable to the Registrar, for the verification of the identity of any person who carries out any transaction with the Registrar or whose particulars are to be registered under the Act.

Regulation 8A

Endorsements

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Amended byS 846/2015 wef 03/01/2016

Where an electronic transaction form is required to be endorsed by more than one person —

(a)

such endorsements must be made —

(i)

if the endorsement is made in respect of registration, within 60 days after the date on which the Registrar informs the applicant that the electronic transaction form is required to be endorsed; or

(ii)

if the endorsement is made in respect of any other matter, within 14 days after the date on which the electronic transaction form is first submitted; and

(b)

payment of the prescribed fee for the transaction with the Registrar to which the electronic transaction form relates must be made by the last person endorsing the electronic transaction.

Regulation 9

Identical names

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Amended byS 846/2015 wef 03/01/2016

Subregulation 1

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This regulation sets out the rules for determining whether a name is identical to —

(a)

the name of any other limited partnership, a limited liability partnership or a corporation, or to a registered business name, referred to in section 17A(1)(b) of the Act;

(b)

a name reserved under any of the provisions referred to in section 17A(1)(c) of the Act;

(c)

any name of a limited partnership, business name, name of a company, name of a foreign company or name of a limited liability partnership, referred to in section 17A(2) of the Act; and

(d)

any name of a foreign company, or name of a limited partnership, referred to in section 17A(3) of the Act.

Subregulation 2

Suggest a correction

Subject to paragraph (4), the following are to be disregarded:

(a)

“The”, where it is the first word of a name;

(b)

the following words where they appear at the end of a name:

(i)

“Berhad” or “Bhd”;

(ii)

“Limited” or “Ltd”;

(iii)

“Limited Liability Partnership” or “LLP”;

(iv)

“Limited Partnership” or “LP”;

(v)

“Private” or “Pte”;

(vi)

“Public Accounting Corporation” or “PAC”;

(vii)

“Sendirian” or “Sdn”;

(c)

the following words or expressions where they appear at the end of a name:

(i)

“Asia”;

(ii)

“Asia Pacific”;

(iii)

“Associates”;

(iv)

“company” or “and company”;

(v)

“corporation”;

(vi)

“Group”;

(vii)

“Holding” or “Holdings”;

(viii)

“Incorporated”;

(ix)

“International”;

(x)

“Partner” or “Partners”;

(xi)

“Partnership” or “Partnerships”;

(xii)

“Singapore”;

(xiii)

“South Asia”;

(xiv)

“South East Asia”;

(xv)

“Trading”;

(xvi)

“Worldwide”;

(xvii)

“.co”;

(xviii)

“.com”;

(xix)

“.edu”;

(xx)

“.gov”;

(xxi)

“.net”;

(xxii)

“.org”;

(xxiii)

“.sg”;

(d)

any word or expression which, in the opinion of the Registrar, is intended to represent any word or expression in —

(i)

sub-paragraph (a) or (b); or

(ii)

sub-paragraph (c);

(e)

the plural version of any name; (f)the type and case of letters, accents, spacing between letters, brackets, parentheses and punctuation marks.

Subregulation 3

Suggest a correction

The symbol “&” is to be treated as having the same meaning as the word “and”.

Subregulation 4

Suggest a correction

Paragraph (2)(c) and (d)(ii) does not apply if the relevant corporation —

(a)

will be a general partner of the limited partnership in relation to which an application is made to register under a proposed name; or

(b)

is a general partner of the limited partnership in relation to which an application is made to change its name to a proposed name.

Subregulation 5

Suggest a correction

In paragraph (4), “relevant corporation” means a corporation carrying on business or operating under a name which would be identical to a proposed name of a limited partnership after the application of the rules set out in paragraphs (2) and (3).

Regulation 10

Dissolution of limited partnership

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Where any limited partnership registered under the Act has been dissolved, every general partner shall ensure that a notice notifying the Registrar that the limited partnership has been dissolved is lodged with the Registrar in accordance with section 19(2) of the Act by at least one of the general partners.

Regulation 11

Notices by deceased’s personal representative

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Amended byS 955/2024 wef 09/12/2024

Subregulation 1

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Amended byS 955/2024 wef 09/12/2024

Whenever a statement relating to a change of registered particulars is required to be filed under section 18(1) of the Act owing to the death of a person, the personal representative of the deceased person or any other person that the Registrar may approve may lodge the statement subject to any conditions that the Registrar may impose.

Subregulation 2

Suggest a correction

Where any limited partnership registered under the Act has been dissolved owing to the death of the sole general partner, the personal representative of the deceased general partner or such other person as the Registrar may approve may, subject to such conditions as the Registrar may impose, file the following notices:

(a)

a notice referred to in section 19(1) of the Act if the limited partnership has ceased to carry on business; or

(b)

a notice referred to in section 19(2) of the Act if the limited partnership has been dissolved.

Regulation 12

Access to information on limited partners of relevant limited partnerships

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Amended byS 955/2024 wef 09/12/2024S 955/2024 wef 09/12/2024S 955/2024 wef 09/12/2024S 846/2015 wef 03/01/2016S 846/2015 wef 03/01/2016

Subregulation 1

Suggest a correction

The particulars of the limited partners of a relevant limited partnership and any document containing the particulars of such limited partners filed or lodged with the Registrar shall not be open to inspection by the public.

Subregulation 2

Suggest a correction
Amended byS 955/2024 wef 09/12/2024

No particulars or document referred to in paragraph (1) and no copy or extract thereof shall be furnished to the public, or certified under section 18B(1) of the Act, by the Registrar.

Subregulation 3

Suggest a correction
Amended byS 955/2024 wef 09/12/2024S 955/2024 wef 09/12/2024S 846/2015 wef 03/01/2016S 846/2015 wef 03/01/2016

The general partners of a relevant limited partnership shall maintain a register, in such form as the Registrar may require, containing —

(a)

the following information of each individual who is a partner of the limited partnership:

(i)

full name;

(ii)

identification;

(iii)

nationality;

(iv)

residential address; (v)contact address; and

(b)

the following information of each body corporate which is a partner of the limited partnership:

(i)

the corporate name;

(ii)

place of incorporation or registration;

(iii)

registration number;

(iv)

registered office of the corporation to which all notices and communications may be addressed.

Subregulation 4

Suggest a correction

The register referred to in paragraph (3) shall be kept at the principal place of business of the limited partnership registered with the Registrar and shall be open to inspection during ordinary business hours by —

(a)

the partners of the limited partnership; and

(b)

any person responsible for the management of the limited partnership.

Definition

“licensed fund manager” means a person who is licensed to carry on business in the regulated activity of fund management under the Securities and Futures Act (Cap. 289) and includes a person exempted from the requirement to be so licensed under section 99 of that Act;

Suggest a correction

Definition

“relevant limited partnership” means a limited partnership established primarily for the purpose of establishing a fund for investment where the fund is managed by —

(a)

a general partner of the limited partnership who is a licensed fund manager; or

(b)

a licensed fund manager appointed to manage the fund by a general partner with authority to appoint him to manage the fund.

Suggest a correction

Subregulation 6

Suggest a correction

Without limiting the generality of paragraph (5), a fund is managed by a licensed fund manager for the purposes of the definition of “relevant limited partnership” in paragraph (5) if the licensed fund manager is appointed to evaluate and recommend investments for the fund, notwithstanding that the fund (or any part of it) is invested —

(a)

by a general partner of the limited partnership; or

(b)

by the licensed fund manager but only upon approval of the investment by a general partner of the limited partnership.

Subregulation 7

Suggest a correction

For the purposes of the definition of “relevant limited partnership” in paragraph (5), a limited partnership is not established primarily for the purpose of establishing a fund for investment if the limited partnership carries on any business other than the investment of the fund unless that business is solely incidental to the investment of the fund.

Regulation 12A

Excluded documents under section 18B(4) of Act

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Amended byS 955/2024 wef 09/12/2024

For the purposes of section 18B(4) of the Act and without affecting regulation 12, the following documents filed or lodged with, or obtained by, the Registrar on or after 9 December 2024, are excluded documents to which section 18B(1) of the Act does not apply:

(a)

a document (other than a form mentioned in regulation 12B) that contains any of the following information about an individual:

(i)

the individual’s date of birth;

(ii)

the individual’s residential address;

(iii)

the individual’s email address;

(iv)

the individual’s mobile telephone number;

(b)

where a statement mentioned in regulation 11(1) is lodged, or a notice mentioned in regulation 11(2) is filed — any other document lodged together with the statement or notice;

(c)

where a general partner of a limited partnership lodges a statement under section 11(1) of the Act to register a relevant limited partnership mentioned in regulation 12 — any other document lodged together with the statement;

(d)

where an application is lodged to apply for the reservation of a name in respect of a proposed limited partnership or limited partnership under section 17(1) of the Act — any other document lodged in respect of the application;

(e)

where a person has applied to the Registrar to give a direction to a general partner of a limited partnership to change the limited partnership’s name under section 17A(6) of the Act — any other document lodged by the person and the general partner in respect of the application.

Regulation 12B

Prescribed information under section 18B(5)(c) of Act

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Amended byS 955/2024 wef 09/12/2024

For the purposes of section 18B(5)(c) of the Act, the reference to a document in section 18B(1) of the Act excludes the following entries in a form submitted on the electronic transaction system:

(a)

a person’s email address;

(b)

an individual’s residential address;

(c)

an individual’s mobile telephone number.

Regulation 13

Appeal to Minister

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Subregulation 1

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Any person intending to lodge an appeal to the Minister under the Act shall deliver to the Registrar a notice of appeal stating the grounds of appeal.

Subregulation 2

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The Registrar shall submit to the Minister a copy of the notice of appeal together with the grounds of appeal.

Regulation 14

Fees and penalties

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Amended byS 846/2015 wef 03/01/2016

Subregulation 1

Suggest a correction

The fees specified in the First Schedule are payable to the Registrar.

Subregulation 2

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Where any person fails to comply with the time delimited by the Act for the filing or lodgment of a document, the penalty specified in the Second Schedule for late filing or lodgment must be paid in addition to the prescribed fee for the filing or lodgment of the document.

Subregulation 3

Suggest a correction

The Registrar may for any reason waive, refund or remit, whether wholly or in part, any fee specified in the First Schedule or any penalty specified in the Second Schedule.

Subregulation 4

Suggest a correction

Payment of fees and penalties under these Regulations must be made in such manner as directed by the Registrar.

Subregulation 5

Suggest a correction

Despite paragraph (3), no fee paid is refundable in respect of —

(a)

any registration ceased or cancelled under the provisions of the Act; or

(b)

the withdrawal of any application or appeal.

Regulation 15

Composition of offences

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Any offence under section 16(4), 26(2) (other than a continuing offence), 28(5), 31(4) or 33 of the Act may be compounded by the Registrar in accordance with section 35 of the Act.

Regulation 16

Deemed registration under section 42 of Act

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Amended byS 846/2015 wef 03/01/2016S 846/2015 wef 03/01/2016S 846/2015 wef 03/01/2016

Subregulation 1

Suggest a correction
Amended byS 846/2015 wef 03/01/2016S 846/2015 wef 03/01/2016

Where a person who is registered as a general partner of a limited partnership is deemed to be registered under the Business Names Registration Act 2014 (Act 29 of 2014) pursuant to section 42(3)(a) of the Act, his or her registration under the Business Names Registration Act 2014 —

(a)

shall expire on the date when the registration of the limited partnership under the Act would have expired if it had not been suspended under section 42 of the Act; and

(b)

shall be renewable in accordance with section 8(3) of the Business Names Registration Act 2014.

Subregulation 2

Suggest a correction

Paragraph (1) shall operate subject to section 42(4) of the Act.

Subregulation 3

Suggest a correction
Amended byS 846/2015 wef 03/01/2016

Where the registration of a limited partnership is restored pursuant to section 42(4)(b) of the Act —

(a)

the registration of the limited partnership under the Act; and

(b)

the registration of the partners of the limited partnership under the Act pursuant to section 42(6) of the Act,shall expire on the date when the registration of the persons carrying on business under the name of the resultant firm under the Business Names Registration Act 2014 would have expired if it had not ceased pursuant to section 42(4)(a) of the Act.

Regulation 17

Prescribed departments or Ministries of Government, etc., under section 21B(1)(b)(ii) of Act

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Amended byS 846/2015 wef 03/01/2016

The departments or Ministries of the Government, statutory bodies and bodies corporate prescribed for the purposes of section 21B(1)(b)(ii) of the Act are —

(a)

the Department of Statistics, Ministry of Trade and Industry;

(b)

the Ministry of Home Affairs;

(c)

the Ministry of Manpower; and

(d)

Singapore Post Limited.

Regulation 18

Prescribed circumstances under section 21B(2) of Act

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Amended byS 846/2015 wef 03/01/2016

The Registrar need not give the written notice referred to in section 21B(2) of the Act before the Registrar rectifies or updates the register under section 21B(1) of the Act if —

(a)

the conflict is between the particulars of the limited partnership or person in a register, and —

(i)

the Singapore Standard Industrial Classification obtained from the Department of Statistics, Ministry of Trade and Industry;

(ii)

the particulars (including residential address) of the person registered under the National Registration Act (Cap. 201) obtained from the Ministry of Home Affairs;

(iii)

the foreign identification number of a foreigner obtained from the Ministry of Manpower; or

(iv)

the building name, postal code or street name of a property obtained from Singapore Post Limited; and

(b)

the Registrar is satisfied that the effort involved in giving the written notice referred to in section 21B(2) of the Act would be excessive, having regard to the likelihood that the limited partnership or person whose particulars are to be rectified or updated would object to the rectification or updating.

Common questions

What is Limited Partnerships Regulations?
Limited Partnerships Regulations is Singapore Subsidiary Legislation, cited as Subsidiary Legislation LPA-RG1 2008, currently marked in force and first recorded in 2008.
Is Limited Partnerships Regulations still in force?
Yes — Limited Partnerships Regulations is currently in force.
When did Limited Partnerships Regulations take effect?
Limited Partnerships Regulations was first recorded in 2008.
How many regulations does Limited Partnerships Regulations have?
Limited Partnerships Regulations contains 21 regulations.
Where can I read the official version of Limited Partnerships Regulations?
The official text of Limited Partnerships Regulations is published at sso.agc.gov.sg.