Cayman Islands Law Legislation & Treaties

Exempted Limited Partnership (Amendment) (No. 3) Regulations, 2024 (SL 62 of 2024)

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Amending · 2024 · No. 62 · 2024-0062
Text — Exempted Limited Partnership (Amendment) (No. 3) Regulations, 2024 (SL 62 of 2024)

(AMENDMENT) (NO. 3) REGULATIONS,

PUBLISHING DETAILS

Arrangement of Regulations

Regulation Repeal and substitution of regulation 5 of the Exempted Limited Partnership Regulations

Regulation 1

In exercise of the powers conferred by section 48 of the Exempted Limited Partnership Act (2021 Revision), the Cabinet makes the following Regulations — Citation and commencement (1) These Regulations may be cited as the Exempted Limited Partnership (2) These Regulations come into force immediately after the Exempted Limited Partnership (Amendment and Validation) Act, 2024 comes into force. Repeal and substitution of regulation 5 of the Exempted Limited Partnership Regulations (2021 Revision) - administrative fees The Exempted Limited Partnership Regulations (2021 Revision), in these Regulations referred to as the “principal Regulations”, are amended by repealing regulation 5 and substituting the following regulations — “Fees for administrative services For the purposes of sections 12A and 13 of the Act, the prescribed fee set out in the third column of the table in Schedule 4 is payable in respect of the corresponding administrative service set out in the second column of that table.

Regulation 3

Express fees 5A. For the purposes of section 13 of the Act, the prescribed express fee set out in the third column of the table in Schedule 4A is payable in respect of the corresponding transaction set out in the second column of that table.”. Amendment of Schedule 1 - fees The principal Regulations are amended in Schedule 1 by inserting after item 8 the following items and their corresponding particulars — “No. type Provision Description Fee and foreign 5A Application fee to reserve a specified name —

(a) for one week

(b) for one month

(c) for two months

(d) for three months

(e) for four months 36(2) of notice of dissolution with the Registrar under section 36(2) for deregistration in accordance with section Foreign 42(18) of notice of voluntary cessation submitted under section 42(18) Repeal and substitution of Schedule 4 - administrative fees The principal Regulations are amended by repealing Schedule 4 and substituting the following Schedules —

Regulation 4

“SCHEDULE 4 (regulation 5) Fees for administrative services Description of administrative service Fee

Refund processing fee

Fee for each application for correction of errors in documents filed with the Registrar under the Act

Customized certificate requested by the exempted

Customized letter requested by the exempted limited partnership or foreign limited partnership

Certification

Issuance of certificate

Filing any resolution, notice, return or other document (other than a filing otherwise specified and other than the filing of any document made as part of an application)

Filing of an application in respect of a dual foreign name

General search Copy of a document (other than a certified copy referred to in Schedule 1) SCHEDULE 4A (regulation 5A) Express fees for certain transactions Description of transaction Express Fee

Application for registration under section 9 or 42 of the Act

Application for any certificate, other than a certificate under section 9(5) or 42(9) of the Act, which the Registrar is authorised to provide under the Act

Filing for deregistration in accordance with section

Regulation 4

Description of transaction Express Fee

Application for deregistration under section 43

Filing of any document (other than the filing of any document made as part of an application)

Certification

Issuing or making a copy

Customized certificate requested by the exempted

Customized letter requested by the exempted Made in Cabinet the 17th day of December, 2024. Kim Bullings Clerk of the Cabinet