Limited Partnerships Act
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.
Later amending instruments held: Finance (Miscellaneous Provisions) Act 2018 (Act No 11 of 2018), Finance (Miscellaneous Provisions) Act 2019 (Act No 13 of 2019), Anti-Money Laundering and Combatting the Financing of Terrorism (Miscellaneous Provisions) Act 2020, Covid-19 (Miscellaneous Provisions) Act 2020, Finance (Miscellaneous Provisions) Act 2020, Finance (Miscellaneous Provisions) Act 2021 (Act No 15 of 2021), Finance (Miscellaneous Provisions) Act 2022 (Act No 15 of 2022), Anti-Money Laundering and Combatting the Financing of Terrorism and Proliferation (Miscellaneous Provisions) Act 2024 (Act No. 10 of 2024), Finance Act 2025 (Act No. 18 of 2025).
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Sections
- 1 Short title
- 2 Interpretation
- 3 Non-application of Act
- 4 Non-application of Code Civil Mauricien and Code de Commerce
- PART II: THE REGISTRAR
- 5 Registrar of Limited Partnerships
- 6 Powers of inspection of Registrar
- 7 Power of Registrar to reconstitute file
- 8 Other powers of Registrar
- 9 Use of computer system
- 9A Temporary measures during COVID-19 period
- PART III: CONSTITUTION
- 10 Limited partnership
- 11 Legal personality of limited partnership
- 12 Constitution of limited partnership
- 13 Partnership agreement
- 14 Liability of limited partnerships
- 15 Name of limited partnership
- 16 Reservation of limited partnership name
- 17 Change of name
- 18 Restriction on use of words “Limited Partnership”, abbreviation “L.P.”
- PART IV: REGISTRATION
- 19 Registration of limited partnership
- 20 Certificate of registration
- 21 Register of Limited Partnerships
- 22 Change in registered particulars
- PART V: ADMINISTRATION
- 23 Registered office
- 24 Change of registered office
- 25 Limited and general partners
- 26 Provisions on limited partners
- 27 Provisions on general partners
- 28 Removal of partner
- 29
- 30
- 31 Rights of limited partners between themselves
- 32 Dealings between limited partnerships and other persons
- 33 Remuneration and indemnity
- 34 Duty of good faith
- 35 Duty of general partners to provide accounts and information
- 36 Partnership property
- 37 Accountability of general partners for private profits
- 38 Dealings by partners with limited partnership
- PART VI: RECORDS AND AUDIT
- 39
- 40
- 41 Form or record
- 41A Provision of basic information
- PART VI: RECORDS AND AUDIT
- 42 Appointment of auditor
- 43
- 44 Report of auditor
- 45 Access to information
- 46 Small limited partnership
- 47 Obligation to prepare financial statements
- 48 Content and form of financial statements
- 49
- 50 Registration of financial statements
- 51 Meaning of “balance sheet date”
- 52 Meaning of “financial statements”
- 53 Filing of annual return
- 54 Return of limited partner’s contribution
- PART VII: DISSOLUTION OF LIMITED PARTNERSHIP
- 55 Dissolution of limited partnership
- 56 Dissolution of limited partnership by Court
- 57 General provisions on dissolution of limited partnership
- 58 Rights of partners to partnership property
- 59 Personal liability in event of insolvency
- 60 Distribution of assets upon dissolution
- PART VIII: TRANSFER OF REGISTRATION
- 61 Registration and continuation of foreign limited partnership
- 62 Registration of foreign limited partnership
- 63 Effect of registration of foreign limited partnership
- 64 Transfer of registration
- 65 Application for removal
- 66 Approval of general partners
- 67 Limited partnership to give public notice
- 68 Restriction on transfer
- 69 Removal from Register
- 70 Effect of removal from Register
- PART IX: MISCELLANEOUS
- 70A Certificate of current standing
- 71 Failure and refusal to execute document or statement
- 72 Lost or destroyed document
- 73 Execution of document
- 74 Institution of legal proceedings
- 75 Offences committed by limited partnership
- 75A Compounding of offences
- 76 Penalty
- 77 Appeals from Registrar’s decisions
- 78 Extending time for doing any required act
- 79 Default procedure
- 80 Report to Commission by Registrar
- 81 Regulations