Manner and
particulars of registra- tion.
lb. s. 8.
Registration
284
7. The registration of a limited partnership shall be effected by sending by registered post or delivering to the Registrar of Companies a statement signed by the partners containing the following particulars:-
(a.) the firm name;
(b.) the general nature of the business;
(c) the principal place of business ;
(d.) the full name of each of the partners;
(e.) the term, if any, for which the partnership is entered into, and the date of its commence- ment;
(.) a statement that the partnership is limited, and the description of every limited partner as such;
(9.) the sum contributed by each limited partner, and whether paid in cash or how otherwise.
8.-(1.) If during the continuance of a limited partner-
of changes in ship any change is made or occurs in :--
partnerships.
Ib. 8. 9.
Advertise-
ment in
Gazette of
statement of
general
part-
(a.) the firm name,
(b.) the general nature of the business,
(c.) the principal place of business,
(d.) the partners or the name of any partuer,
(e.) the term or character of the partnership, (f.) the sun contributed by any limited partner, (9.) the liability of any partner by reason of his becoming a limited instead of a general partner or a general instead of a limited partner,
a statement, signed by the firm, specifying the nature of the change shall within seven days be sent by post or delivered to the Registrar of Companies.
(2.) If default is made in compliance with the require- ments of this section each of the general partners shall, on summary conviction before a Magistrate, be liable to a fine not exceeding ten dollars for each day during which the default continues,
9. Notice of any arrangement or transaction under which any person will cease to be a general partner in firm, and will become a limited partner in that firm, ör under which the share of a limited partner in a firm will ner becoming be assigned to any persen, shall be forthwith advertised in the Gazette, and until notice of the arrangement or trans- action is so advertised the arrangement or transaction shall, ment of share for the purposes of this Ordinance, be deemed to be of no
effect.
a limited
partner and
of assign-
of limited
partner.
Ib, s. 10.
Ad valorem stamp duty on contri. butions by limited partners. 16, 8, 11.
Making false returns to be
misdemean-
our.
lb. s. 12.
Registrar to file statement
and issue
certificate of registration, Ib. s. 13,
10. The statement of the amomt contributed by a limited partner, and a statement of any increase in that nout, sent to the Registrar for registration under this Ordinance, shall be charged with au ad valorem stamp duty of $2.50 for every $1,000 and any fraction of $1,000 over any multiple of $1,000, of the amount so contributed, or of the increase of that amount, as the case may be; and, in default of payment of stamp duty thereon as herein required, the duty with interest thereon at the rate of seven per cent. per annum from the date of delivery of such Statement shall be a joint and several debt to His Majesty, recoverable from the partners, or any of them, in the said statements named, or, in the case of an increase, from all or any of the said partners whose discontinuance in the firm shall not, before the date of delivery of such statement of increase, have been duly notified to the Registrar of Companies.
11. Every one con mits a misdemeanour who makes, signs, sends, or delivers for the purpose of registration mider this Ordinance any false or incomplete statement kuown by him to be false or incomplete.
12. On receiving any statement made in pursuance of this Ordinance the Registrar of Companies shall cause the same to be filed, and he shall send by registered post to the firm from whom such statement shall have been received a certificate of the registration thereof.