International Limited Partnership Order, 2000 · As enacted
5. Name and registered office
Official textFrom Attorney General's Chambers, unchanged
( 1)
Every ILP shall have a name which includes the words 11lnternational
ILP
"ILP" means an international limited partnership, within the meaning of section 4;
Limited Partnership" or the letters "ILP", and which may include the name of any partner or any derivation thereof.
No ILP shall have a name which is for the time being prohibited by regulations or which, for any reason whatsoever and whether intentionally or not, is likely to mislead (whether by similarity to or association with the name of some other person, body, or type of business or otherwise) or which is not acceptable to the ILP Registrar.
Every ILP shall at all times maintain a registered office in Brunei
Darussalam at the registered office of a trust corporation to which all notices and other communications may be addressed, and the trust corporation concerned shall display at its registered office in easily legible form the name of such ILPs as have their registered office there.
An ILP shall keep at its registered office in Brunei Darussalam such accounts and records as are sufficient to show and explain the ILP' s transactions and to disclose with reasonable accuracy, at any time, the financial position of the
ILP at that time.
When an ILP is to be audited, the audit shall be conducted by an approved auditor as defined in section 2 of the International Business Companies
Order, 2000.
Terms defined in s 2
ILP
Defined · s 2"ILP" means an international limited partnership, within the meaning of section 4;
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;