2020-04-06
Added · Updated
The President and National Assembly of Seychelles enacted this Act to amend Section 16(1) of the Limited Partnerships Act (Cap 281). The legislation modifies paragraph (c) and inserts a new provision requiring limited partnerships to maintain their register of beneficial owners under the Beneficial Ownership Act, 2020. The statute takes effect on a date appointed by the Minister of Finance through an official Gazette notice.
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LIMITED PARTNERSHIPS (AMENDMENT) ACT, 2020 (Act 9 of 2020) AN ACT to amend the Limited Partnerships Act (Cap 281). ENACTED by the President and the National Assembly.
Amendment of
Cap 281
2. Section 16 (1) of the Limited Partnerships Act is
hereby amended as follows — (a) in paragraph (c), by repealing the words “or” after the words “reputation of Seychelles;”;
(b) after paragraph (c), insert the following paragraph — “(ca) a limited partnership has failed to maintain the register of beneficial owners under the Beneficial Ownership Act, 2020; or”. I certify that this is a correct copy of the Bill which was passed by the National Assembly on 25th March, 2020. Mrs. Tania Isaac Deputy Clerk to the National Assembly 76 Supplement to Official Gazette [9th April 2020]
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Source: Financial Services Authority Seychelles — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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