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← Labuan Limited Partnerships and Limited Liability Partnerships Act 2010

Labuan Limited Partnerships and Limited Liability Partnerships Act 2010 s 65

Labuan Limited Partnerships and Limited Liability Partnerships Act 2010 s 65

s 65 Duties and responsibilities of designated partner

A designated partner shall be— (a) answerable for the doing of all acts, matters and things, as are required to be done by the Labuan limited liability partnership under this Act; and (b) personally liable to all penalties imposed on the Labuan limited liability partnership for any contravention of Parts IV and V unless the designated partner satisfies the court hearing the matter that he should not be so liable.

Malay text (authoritative)

Kewajipan dan tanggungjawab pekongsi ditetapkan

Seseorang pekongsi ditetapkan hendaklah— (a) bertanggungjawab bagi melakukan semua perbuatan, perkara dan benda, yang dikehendaki supaya dilakukan oleh perkongsian liabiliti terhad Labuan di bawah Akta ini; dan (b) bertanggungan sendiri bagi semua penalti yang dikenakan ke atas perkongsian liabiliti terhad Labuan bagi apa-apa pelanggaran Bahagian IV dan V melainkan jika pekongsi ditetapkan itu memuaskan hati mahkamah yang mendengar perkara itu bahawa dia tidak sepatutnya bertanggungan sedemikian.

Read this section in the full act → · Open Chapter 5 →

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).

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