Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Partnership Act 1892.
JOHN HATZISTERGOS, M.L.C.,Attorney General
1 Name of Regulation
This Regulation is the Partnership Regulation 2007.
2 Commencement
This Regulation commences on 1 September 2007.
3 Definitions
(1) In this Regulation:the Act means the Partnership Act 1892.(2) Notes included in this Regulation do not form part of this Regulation.
4 Application for registration
For the purposes of section 54 (2) (n) of the Act, the other particulars that must be included in a statement made for the purpose of applying for registration of a limited partnership are:(a) the date and place of birth of each proposed partner, and(b) the provisions, if any, that the proposed partners have agreed will apply should the proposed partnership be dissolved.
5 Declaration of limited partnership corresponding laws
For the purposes of the definition of corresponding law in section 64 (1) of the Act, the laws relating to limited partnerships in force in the following jurisdictions are declared to be corresponding laws for the purposes of Part 3 of the Act:(a) the jurisdictions of the United States of America specified in Part 1 of Schedule 1,(b) the jurisdictions of Canada specified in Part 2 of Schedule 1.
6 Registered office of limited partnership
For the purposes of section 76 (2) of the Act, the hours during which the registered office of a limited partnership is to be open and accessible to the public are the hours between 9 am and 5 pm on each day that is not a Saturday, Sunday or public holiday.
7 Fees
(1) The fees payable under the Act are as set out in Schedule 2.(2) The amount of a fee of a type specified in column 2 of Schedule 2 is:(a) in relation to a limited partnership—the amount specified opposite the type of fee concerned in column 3 of Schedule 2, and(b) in relation to an incorporated limited partnership—the amount specified opposite the type of fee concerned in column 4 of Schedule 2.
8 Savings
Any act, matter or thing that, immediately before the repeal of the Partnership Regulation 2002, had effect under that Regulation continues to have effect under this Regulation.
Schedule 1 Specified jurisdictions
(Clause 5)
Part 1 Specified jurisdictions of United States of America
Alabama | Kentucky | Ohio |
Arizona | Maryland | Oklahoma |
Arkansas | Massachusetts | Oregon |
California | Michigan | Pennsylvania |
Colorado | Minnesota | Rhode Island |
Connecticut | Mississippi | South Carolina |
Delaware | Missouri | South Dakota |
District of Columbia | Montana | Tennessee |
Florida | Nebraska | Texas |
Georgia | Nevada | Utah |
Hawaii | New Hampshire | Virginia |
Idaho | New Jersey | Washington |
Illinois | New Mexico | West Virginia |
Indiana | New York | Wisconsin |
Iowa | North Carolina | Wyoming |
Kansas | North Dakota |
Part 2 Specified jurisdictions of Canada
Quebec |
Schedule 2 Fees
(Clause 7)
Column 1 | Column 2 | Column 3 | Column 4 |
Item | Type of fee | Amount for limited partnership | Amount for incorporated limited partnership |
1 | Fee to accompany a statement under section 54 (1) of the Act (application for registration of a partnership) | $771 | $869 |
2 | Fee to accompany statement under section 56 (1) of the Act (notification of change in relation to particulars of partnership) | $36 for up to 10 changes, plus $1 for each additional change | $36 for up to 10 changes, plus $1 for each additional change |
3 | Fee for inspection of Register of Limited and Incorporated Limited Partnerships under section 57 (3) of the Act | $15 per limited partnership inspected, plus $1 per page for printed copy of any particulars relating to the partnership | $15 per incorporated limited partnership inspected, plus $1 per page for printed copy of any particulars relating to the partnership |
4 | Fee for issue under section 58 (2) of the Act, on application, of certificate as to formation of limited partnership or incorporated limited partnership | $15, plus $1 per page in excess of 5 pages | $15, plus $1 per page in excess of 5 pages |
5 | Fee for issue under section 58 (2) of the Act, on application, of certificate as to registered particulars of limited partnership or incorporated limited partnership | $30, plus $1 per page for each page other than the first page | $30, plus $1 per page for each page other than the first page |
6 | Fee to accompany document lodged under section 73E (1) of the Act (evidencing status as a VCLP or an AFOF) | Not applicable | $76 |
7 | Fee to accompany statement lodged under section 73E (2) of the Act (that partnership is venture capital management partnership) | Not applicable | $76 |
8 | Fee to accompany notice lodged under section 73E (3) of the Act (notice as to revocation of a VCLP or an AFOF or cessation of a venture capital management partnership) | Not applicable | $76 |
9 | Fee to accompany notice lodged under section 73E (4) of the Act (notice as to cessation of business) | Not applicable | $76 |