Section 41A: Registers
This section is inserted by The Anti-money Laundering and Combatting the Financing of Terrorism and Proliferation (Miscellaneous Provisions) Act 2024, section 11.
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
41A. Registers
(ii) in subsection (1) –
(A) by repealing paragraph (b) and replacing it by the following paragraph
–
(b) A limited liability partnership shall, where the partner
is a natural person, a body corporate or an unincorporated body,
comprise the following information in a separate register –
(i) the full name and the usual residential address
of the beneficial owner or ultimate beneficial
owner;
(ii) the National Identification Number or passport
number, as applicable;
(iii) the citizenship or nationality, as applicable;
(iv) an ownership structure, where applicable,
identifying the ultimate beneficial owner; and
(v) such other information as may be prescribed.
(B) by adding the following new paragraph –
(c) Where the partner is a nominee, the information
required under section 41(1)(b) shall be included in the register of
partners.
(iii) by inserting, after subsection (3), the following new subsection –
(3A) Every limited liability partnership shall ensure that any record,
register or other document required to be kept under this section shall, at all
times, be accurate and up to date and, on request, be made available
forthwith to competent authorities.
(e) in section 42, by adding the following new subsection –
(4) (a) Notwithstanding any other enactment, a limited liability
partnership shall authorise a natural person and his alternate, who shall be
ordinarily resident in Mauritius, to provide, upon request by competent
authorities, all basic information on the limited liability partnership, including
information on its beneficial ownership.
(b) A limited liability partnership shall, within 14 days of an
authorisation or a change of the authorised person or his alternate under
paragraph (a), notify the Registrar, in such form and manner as the Registrar
may determine, of the name and particulars of the authorised person or his
alternate.
(c) The basic information referred to in paragraph (a) shall be kept at
the registered office of the limited liability partnership or at any other place as
the Registrar may determine.
(d) In this subsection –
“basic information”, in relation to a limited liability partnership,
means –
(a) the name of the limited liability partnership, proof of
registration, legal form and status, address of its registered
office, basic regulating powers, including the partnership
agreement, and a list of its managers; and
(b) a register of its partners containing the names of the
partners and their contribution to the limited liability
partnership;
(f) in section 45A –
(i) in subsection (1)(b), by inserting, after the words “Director-General and”, the
words “, where applicable, from”;
(ii) in subsection (2), by deleting the words “and the written statement from the
Director-General and the Chief Executive”;
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Questions this section answers
- What personal details about a beneficial owner must a limited liability partnership record in its register?
- Must a limited liability partnership name someone in Mauritius to give authorities information about who owns it?
- How long does a limited liability partnership have to tell the Registrar about a new authorised person?
- Must a limited liability partnership keep its register of partners accurate and up to date?