South Australian Numbered Acts

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PARTNERSHIP (VENTURE CAPITAL FUNDS) AMENDMENT ACT 2005 (NO 15 OF 2005) - SECT 46

46—Amendment of section 54—Register of Limited Partnerships and Incorporated Limited Partnerships

Section 54(1) and (2)—delete subsections (1) and (2) and substitute:

        (1)         The Commission is required to keep, in such form as it considers appropriate, a register of limited partnerships and incorporated limited partnerships registered under this Part (to be called the "Register of Limited Partnerships and Incorporated Limited Partnerships ).

        (2)         There is to be, in the Register, a division of limited partnerships and a division of incorporated limited partnerships.

        (2a)         The Commission may correct any error or omission in the Register by—

            (a)         inserting an entry; or

            (b)         amending an entry; or

            (c)         omitting an entry,

if the Commission decides that the correction is necessary.

        (2b)         The Commission must not omit an entry in the Register unless satisfied that the whole of the entry was included in error.



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