Victorian Consolidated Legislation

Partnership Act 1958 - SECT 56

Changes in registered particulars

56. Changes in registered particulars





(1) If any change occurs in relation to the registered particulars of a
limited partnership, a statement setting out the changed particulars must be
lodged with the Director within 7 days after the change occurred.

(2) The statement must be signed-

   (a)  by all the general partners, or by a general partner authorised by all
        the general partners for the purposes of this section; and

   (b)  if the change relates to the admission of a limited partner or a
        change in the liability of a limited partner to contribute, by the
        limited partner concerned or, if that limited partner is a limited
        partnership, by all the general partners in that limited partnership
        or by a general partner in that limited partnership authorised by all
        the general partners in that limited partnership for the purposes of
        this section.

(3) The statement must be in the form approved by the Director and contain the
particulars required by the regulations or the approved form of statement.

(4) If the statement is duly lodged, the Director must record the change in
the Register as soon as possible, unless as a result of the change the
partnership is not eligible to be registered as a limited partnership.

(5) If subsection (1) is not complied with, each general partner of the
limited partnership is guilty of an offence.

Penalty: 10 penalty units.