Changes in registered information
61 Changes in registered information
If any of the registered information changes, a statement setting out the changes must be given to the commissioner for fair trading within 7 days after the day the change happens.
The statement must be signed by all the general partners in the incorporated limited partnership, or by a general partner authorised by all the general partners for this section.
The statement must contain the information required under the regulations.
If the statement is properly lodged, the commissioner for fair trading must make the change in the register as soon as possible.
Each general partner in the incorporated limited partnership commits an offence if subsection (1) is not complied with.
Maximum penalty: 10 penalty units.
It is a defence to a prosecution for an offence for failing to comply with subsection (5) if the general partner proves that—
the general partner did not know about the failure; and
reasonable precautions were taken and appropriate diligence was exercised to avoid the failure.
An offence against subsection (5) is a strict liability offence.
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