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← Limited Liability Partnerships Act 2005

Limited Liability Partnerships Act 2005 s 50A

s 50A Limited liability partnership’s duty to ensure information in register is up‑to‑date and correct

50A.—(1) A limited liability partnership must, at the prescribed frequency, give a notice to each registrable controller whose particulars are stated in the limited liability partnership’s register of controllers for the following purposes:(a) to require the registrable controller to confirm whether or not a relevant change has occurred and, if the change has occurred, to —(i) state the date of the change; and (ii) provide the particulars of the change; (b) to require the registrable controller to confirm whether the stated particulars of the registrable controller are correct and, if not, to provide the correct particulars. (2) The notice mentioned in subsection (1) must —(a) state that the addressee must comply with the notice not later than the time specified for compliance (which must be the prescribed time); and (b) be in such form, contain such particulars and be sent in such manner, as may be prescribed. (3) An addressee of a notice under subsection (1) must comply with the notice no later than the time specified in the notice for compliance. (4) If a limited liability partnership fails to comply with subsection (1) or (2), 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. (5) An addressee of a notice under subsection (1) who fails to comply with subsection (3) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $25,000. (6) For the purposes of this section, a relevant change occurs if —(a) the registrable controller ceases to be one in relation to the limited liability partnership; or (b) any other change occurs as a result of which the particulars of the registrable controller stated in the limited liability partnership’s register of controllers are incorrect or incomplete.[Act 23 of 2024 wef 16/06/2025]

Read this section in the full act → · Open PART 6A →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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