PART 2Partnerships
CHAPTER 1Limited partnerships etc.
Registered offices
I1113A limited partnership’s registered office
1
The Limited Partnerships Act 1907 is amended as follows.
2
In section 3 (interpretation of terms)—
a
in subsection (1) (created by section 110 of this Act), at the appropriate place insert—
“authorised corporate service provider” has the same meaning as in the Companies Act 2006 (see section 1098A of that Act);
b
after subsection (3) (inserted by section 110 of this Act) insert—
4
Section 1125 of the Companies Act 2006 (meaning of “daily default fine”) applies for the purpose of any provision made by this Act as it applies for the purposes of provisions of the Companies Acts.
3
In section 8A (application for registration)—
a
b
after subsection (1) insert—
1A
An application for registration of a limited partnership which specifies that the intended address of its registered office is an address mentioned in section 8E(2)(c)(iv) must be accompanied by a statement by the authorised corporate service provider confirming that the address is the authorised corporate service provider’s address.
4
After section 8D insert—
A limited partnership’s registered office
8EDuty to ensure registered office at appropriate address
1
The general partners in a limited partnership must ensure that its registered office is at all times at an appropriate address.
2
An address is an “appropriate address” if—
a
in the ordinary course of events—
i
a document addressed to the limited partnership, and delivered there by hand or by post, would be expected to come to the attention of a person acting on behalf of the limited partnership, and
ii
the delivery of documents there is capable of being recorded by the obtaining of an acknowledgement of delivery,
b
it is in the part of the United Kingdom in which the limited partnership is registered, and
c
it is at least one of the following—
i
the address of the principal place of business of the limited partnership;
ii
the usual residential address of a general partner who is an individual;
iii
the address of the registered or principal office of a general partner that is a legal entity;
iv
an address of an authorised corporate service provider that is acting for the limited partnership.
3
If the general partners fail to comply with this section an offence is committed by each general partner who is in default.
4
But where the general partner is a legal entity, it does not commit an offence as a general partner in default unless one of its managing officers is in default.
5
Where any such offence is committed by a general partner that is a legal entity, or any such offence is by virtue of this subsection committed by a managing officer that is a legal entity, any managing officer of the legal entity also commits the offence if—
a
the managing officer is an individual who is in default, or
b
the managing officer is a legal entity that is in default and one of its managing officers is in default.
6
A person guilty of an offence under this section is liable on summary conviction—
a
in England and Wales, to a fine;
b
in Scotland or Northern Ireland, to a fine not exceeding level 5 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 5 on the standard scale.
7
A general partner or managing officer is “in default” for the purposes of this section if they authorise or permit, participate in, or fail to take all reasonable steps to prevent, the contravention.
8
8FChange of address of registered office by general partners
1
The address of a limited partnership’s registered office can be changed by the general partners giving notice to the registrar.
2
The notice must include a statement—
3
4
The change takes effect upon the notice being registered by the registrar, but until the end of the period of 14 days beginning with the date on which it is registered a person may validly serve any document on the limited partnership at the address previously registered.
8GRegulations about change of address of registered office by registrar
1
2
The regulations may authorise or require the address to be changed on the registrar’s own motion or on an application by another person.
3
The regulations—
a
may include provision corresponding or similar to any provision that may be included in regulations under section 1097A of the Companies Act 2006;
4
The provision that may be made by virtue of subsection (3)(a) that is corresponding or similar to provision that may be made by virtue of section 1097A(4A)(b) and (4B) of the Companies Act 2006 (strike off and restoration) includes provision applying or writing out, with or without modifications, any provision made by section 19 (power to confirm dissolution) or section 20 (administrative revival).
5
Regulations under this section are subject to the affirmative resolution procedure.