Labuan Limited Partnerships and Limited Liability Partnerships Act 2010 s 24
s 24 Notice of dissolution
(1) Except as provided in sections 26 and 27, a Labuan limited partnership shall not be dissolved by an act of the partners until a notice of dissolution signed by a general partner has been filed by that general partner with the Authority.
(2) When a notice of dissolution is filed with the Authority, the Authority may cancel the registration of the Labuan limited partnership.
(3) If the Labuan limited partnership is dissolved in contravention of subsection (1), each of the general partners commits an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit.
Malay text (authoritative)
Notis pembubaran
(1) Kecuali sebagaimana yang diperuntukkan dalam seksyen 26 dan 27, sesuatu perkongsian terhad Labuan tidak boleh dibubarkan oleh sesuatu perbuatan pekongsi sehingga notis pembubaran yang ditandatangani oleh pekongsi am telah difailkan oleh pekongsi am itu dengan Lembaga.
(2) Apabila sesuatu notis pembubaran difailkan dengan Lembaga, Lembaga boleh membatalkan pendaftaran perkongsian terhad Labuan itu.
(3) Jika perkongsian terhad Labuan itu dibubarkan dengan melanggar subseksyen (1), setiap pekongsi am melakukan suatu kesalahan dan boleh, apabila disabitkan, didenda tidak melebihi sepuluh ribu ringgit.
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Find Act 707 on lom.agc.gov.my ↗
Text as at 1 July 2023 (LOM reprint); amendments made after that date may not be incorporated.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).