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DEVELOPMENT ALLOWANCE AUTHORITY ACT 1992 No. 99 of 1992 - SECT 68
Registration cancelled, and certificate terminated, if partnership is re-constituted
68. If:
(a) either:
(i) plant expenditure is registered in the name of a partnership;
or
(ii) a partnership holds a certificate in relation to
plant expenditure; and
(b) there is a change in the constitution of the partnership; then:
(c) in the case of a registration - the registration is cancelled; and
(d) in the case of a certificate - the certificate is terminated with
effect in relation to expenditure incurred by the partnership after
the date of the change.
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