This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 1 September 2014, amend the Limited Partnerships Regulations 2008 (the principal regulations)—
to require on every application to register a limited partnership the place of birth for every proposed partner who is an individual; and
to specify that Australia is an enforcement country for the purpose of section 8(4) of the Limited Partnerships Act 2008 (the Act); and
to prescribe certain directorship information in relation to every individual who is a proposed general partner of a limited partnership and resides in an enforcement country and is the director of a company in that country; and
to prescribe similar information in relation to every individual who is the director, partner, or general partner of a proposed general partner that is not an individual (ie a company, partnership, or unincorporated body); and
to specify that Australia is a prescribed country for the purpose of section 19A of the Act (which disqualifies certain persons who have been disqualified in a prescribed country, state, or territory from being involved in the management of an overseas limited partnership).
Date of notification in Gazette: 31 July 2014.
These regulations are administered by the Ministry of Business, Innovation, and Employment.