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Limited Partnerships Act 2008

Overseas limited partnerships

110: Notification of changes relating to overseas limited partnership

You could also call this:

"Tell the government about changes to your overseas business in New Zealand"

Illustration for Limited Partnerships Act 2008

If you are part of an overseas limited partnership that does business in New Zealand, you must tell the Registrar about certain changes. You have 20 working days to notify the Registrar if there are changes to the general partners, their names or addresses, or the address of your business. You also need to notify the Registrar if there are changes to the person or address of the person who can accept documents on behalf of your partnership in New Zealand.

If you do not tell the Registrar about these changes, you can get in trouble. Your overseas limited partnership can be fined up to $10,000, and each general partner can also be fined up to $10,000. You can find more information about this by looking at s 339.

You should check the rules to make sure you are doing the right thing, and you can find the rules in the Limited Partnerships Act 2008.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1139280.

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"Overseas limited partnerships must clearly state their name and home country in New Zealand business documents."

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111: Rectification or correction of name or address of person authorised to accept service, or

"Fixing mistakes in the name or address of the person who gets documents for an overseas limited partnership in New Zealand"

Part 3Overseas limited partnerships

110Notification of changes relating to overseas limited partnership

  1. An overseas limited partnership that carries on business in New Zealand must ensure that, within 20 working days of the change or alteration, notice in the prescribed form is given to the Registrar if there is a change in—

  2. the general partners, or in the names or addresses of the general partners, of the overseas limited partnership; or
    1. the address of the place of business or principal place of business of the overseas limited partnership; or
      1. any person or the address of any person authorised to accept service in New Zealand of documents on behalf of the overseas limited partnership.

        1. If an overseas limited partnership fails to comply with subsection (1),—

        2. the overseas limited partnership commits an offence and is liable on conviction to a fine not exceeding $10,000; and
          1. every general partner of the overseas limited partnership commits an offence and is liable on conviction to a fine not exceeding $10,000.

            Compare
            Notes
            • Section 110(2)(a): amended, on , by section 413 of the Criminal Procedure Act 2011 (2011 No 81).
            • Section 110(2)(b): amended, on , by section 413 of the Criminal Procedure Act 2011 (2011 No 81).