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Section 56: Report to Commission by Registrar

Limited Liability Partnerships Act · PART X: MISCELLANEOUS

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.

56. Report to Commission by Registrar (1) Where the Registrar has reasonable cause to suspect that a limited liability partnership holding a Category 1 Global Business Licence— (a) is not complying with any requirement of this Act; L15A1 – 31 [Issue 9] Limited Liability Partnerships Act (b) is carrying on an activity which— (i) is unlawful or contrary to public interest; (ii) may cause prejudice to the good repute of Mauritius as a centre for financial services, he shall report the matter, in writing, to the Commission. (2) The Registrar shall report to the Commission any management company of a limited liability partnership holding a Category 1 Global Business Licence which, in the opinion of the Registrar, fails to apply due diligence in the exercise of any of its functions as manager of the limited liability partnership.

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