Regulatory Alerts2023-03-21
Limited Partnership (Amendment) Act, 2023
The Legislature of the Virgin Islands enacted the Limited Partnership (Amendment) Act, 2023 to amend the Limited Partnership Act, Revised Edition 2020. The legislation modifies Section 108 by requiring that qualifying documents or information be retained for a period of five years from the date of dissolution of the limited partnership. The Act was passed on March 10, 2023, and comes into force on a date appointed by the Minister via Gazette notice.
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