International Limited Partnership Order, 2000 · As enacted
15. Default provisions relating to registration
Official textFrom Attorney General's Chambers, unchanged
If there is a failure by a general partner to sign and file a statement as required by any provision of sections 13 or 14, then, on an application to the ILP
general partner
"general partner" means a person who has been admitted to a partnership as a general partner in accordance with the partnership agreeinent and who is named as a general partner in the statement:&led with the ILP Registrar pursuant to section 13;
Registrar by any other partner or by any assignee of a partnership interest who is or may be affected by the failure, the ILP Registrar may direct such person as it sees fit to sign and file the statement on behalf of a general partner.
If there is a wilful failure to file a statement required by section 14
within the period specified in subsection ( 1) of that section or, as the case may be, subsection (2) of that section, each general partner who is in default -
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shall be guilty of an offence and liable on conviction to a fine not exceeding one thousand dollars and to a further fine not exceeding one thousand dollars for each day after conviction on which the failure continues; and
shall be liable to indemnify any person who suffers any loss by reason of the failure.
Terms defined in s 2
general partner
Defined · s 2"general partner" means a person who has been admitted to a partnership as a general partner in accordance with the partnership agreeinent and who is named as a general partner in the statement:&led with the ILP Registrar pursuant to section 13;
ILP Registrar
Defined · s 2"ILP Registrar" means such person as is appointed by His Majesty the Sultan and Yang Di-Pertuan as the Registrar of International Limited Partnerships for the purposes of this Order;