s 49 Limited liability partnership’s duty to keep information up‑to‑date
49.—(1) If a limited liability partnership knows or has reasonable grounds to believe that a relevant change has occurred in the particulars of a registrable controller that are stated in the limited liability partnership’s register of controllers, the limited liability partnership must give notice to the registrable controller —(a) to confirm whether or not the change has occurred; and (b) if the change has occurred —(i) to state the date of the change; and (ii) to provide the particulars of the change.[16/2017] (2) A limited liability partnership must give the notice mentioned in subsection (1) within such period as may be prescribed after it first knows of the change or first has reasonable grounds to believe that the change has occurred.[16/2017] (3) Section 48(3)(a) and (b) applies to a notice under this section as it applies to a notice under that section.[16/2017] (4) Subsection (1) does not require a limited liability partnership to give notice to any person in respect of any information that was previously provided by that person or by any registered corporate service provider on behalf of that person.[16/2017] [Act 22 of 2024 wef 09/06/2025] (5) If a limited liability partnership fails to comply with subsection (1) or (2), or section 48(3)(a) and (b) as applied by subsection (3), the limited liability partnership, and every partner of the limited liability partnership who is in default, shall each be guilty of an offence and shall each be liable on conviction to a fine not exceeding $25,000.[Act 23 of 2024 wef 16/06/2025] [16/2017] (6) An addressee of a notice under subsection (1) who fails to comply with the notice within the time specified in the notice for compliance shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $25,000.[Act 23 of 2024 wef 16/06/2025] [16/2017] (7) For the purposes of this section, a relevant change occurs if —(a) a person ceases to be a registrable controller in relation to the limited liability partnership; or (b) any other change occurs as a result of which the particulars of the registrable controller in the limited liability partnership’s register of controllers are incorrect or incomplete.[32H [16/2017]