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Limited Partnerships Act 1907

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Change 1

What to do with it
As published

8N Duty to notify named contact

(1) A general partner that is a legal entity must give notice to the registrar if a legal entity becomes a corporate managing officer of the general partner. (2) A general partner that is a legal entity must give notice to the registrar if a legal entity became a corporate managing officer of the general partner— (a) after the application for registration of the limited partnership in which the entity is a general partner was delivered to the registrar under section 8A, but (b) before the limited partnership was registered. (3) A notice under this section must include a statement specifying the name of the proposed named contact for the corporate managing officer. (4) The proposed named contact for a corporate managing officer must be an individual who is a managing officer of the corporate managing officer. (5) The statement must— (a) contain the required information about the proposed named contact specified in the statement (see Part 4 of the Schedule), and (b) be accompanied by a statement by the proposed named contact confirming that the proposed named contact is a managing officer of the corporate managing officer. (6) A notice under subsection (1) must be given within the period of 14 days beginning with the day on which the legal entity becomes a corporate managing officer of the general partner. (7) A notice under subsection (2) must be given within the period of 14 days beginning with the day on which the limited partnership was registered.

Your change, as a redline

8N Duty to notify named contact

(1) A general partner that is a legal entity must give notice to the registrar if a legal entity becomes a corporate managing officer of the general partner. (2) A general partner that is a legal entity must give notice to the registrar if a legal entity became a corporate managing officer of the general partner— (a) after the application for registration of the limited partnership in which the entity is a general partner was delivered to the registrar under section 8A, but (b) before the limited partnership was registered. (3) A notice under this section must include a statement specifying the name of the proposed named contact for the corporate managing officer. (4) The proposed named contact for a corporate managing officer must be an individual who is a managing officer of the corporate managing officer. (5) The statement must— (a) contain the required information about the proposed named contact specified in the statement (see Part 4 of the Schedule), and (b) be accompanied by a statement by the proposed named contact confirming that the proposed named contact is a managing officer of the corporate managing officer. (6) A notice under subsection (1) must be given within the period of 14 days beginning with the day on which the legal entity becomes a corporate managing officer of the general partner. (7) A notice under subsection (2) must be given within the period of 14 days beginning with the day on which the limited partnership was registered.

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