Limited Partnerships Act 2008

98A Deregistration by Registrar

(1)

Subject to this section, the Registrar must deregister a limited partnership if—

(a)

the limited partnership does not comply with section 8(1) or (4); or

(b)

the Registrar has reasonable grounds to believe that—

(i)

the limited partnership is not carrying on business; and

(ii)

there is no proper reason for the limited partnership to continue in existence; or

(c)

the limited partnership has failed to respond to a requirement made under section 78(2)(aaa) or (a); or

(d)

the Registrar has reasonable grounds to believe that the limited partnership, or 1 or more of its general partners, has failed to respond to a requirement made in relation to that or another limited partnership under section 78F, 78G, or 78H; or

(e)

the Registrar has reasonable grounds to believe that the limited partnership, or 1 or more of its general partners, has intentionally provided the Registrar with inaccurate information; or

(f)

the Registrar has reasonable grounds to believe that the limited partnership, or 1 or more of its general partners, has failed to comply with duties relating to the limited partnership under this Act in a persistent or serious way.

(2)

The Registrar may choose not to proceed with a deregistration despite subsection (1)(e) or (f) applying.

(3)

Sections 318(4) and (4A), 319, and 321 to 323 of the Companies Act 1993 apply, with such modifications as may be necessary, to the deregistration of a limited partnership under this section as if references to—

(a)

a company were references to a limited partnership:

(b)

a director were references to a general partner:

(c)

a shareholder were references to a partner:

(d)

the constitution were references to the partnership agreement:

(e)

a board were references to the general partners.

Section 98A: inserted, on 1 September 2014, by section 29 of the Limited Partnerships Amendment Act 2014 (2014 No 47).