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TO INCLUDE INTERESTS IN A LIMITED LIABILITY PARTNERSHIP AS\nA SECURITY; AND FOR INCIDENTAL AND CONNECTED PURPOSES\nENACTED by the Legislature of the Cayman Islands.\n1.\nShort title and commencement\n1.\n(1) This Law may be cited as the Securities Investment Business (Amendment)\n(No.2) Law, 2020.\n(2) This Law comes into force immediately after the Limited Liability Partnership\n(Amendment) (No.2) Law, 2020 comes into force.\n2.\nAmendment of section 2 of the Securities Investment Business Law (2020\nRevision) - definitions\n2.\nThe Securities Investment Business Law (2020 Revision) is amended in section 2 by\ndeleting the definition of the word \u201cpartnership\u201d and substituting the following\ndefinition \u2014\n\u201cpartnership\u201d means \u2014\n(Law 51 of 2020)\nI Assent,\nMartyn Roper\nGovernor\nDate: 11th day of November, 2020\n\nSection 3\nSecurities Investment Business (Amendment) (No.2) Law, 2020\n\nPage 4\nLaw 51 of 2020\nc\n\n(a)\na general or limited partnership established under the\nPartnership Law (2013 Revision);\n(b) an exempted limited partnership registered under the\nExempted Limited Partnership Law (2018 Revision);\n(c)\na limited liability partnership formed and registered under\nthe Limited Liability Partnership Law, 2017; or\n(d) a partnership or limited liability partnership established\nunder the laws of a jurisdiction other than the Islands;\u201d.\n3.\nAmendment of Schedule 1 of the Securities Investment Business Law\n(2020 Revision) - securities\n3.\nThe Securities Investment Business Law (2020 Revision) is amended in Schedule 1,\nunder the heading \u201cShares\u201d, in paragraph 1 as follows \u2014\n(a)\nby inserting after subparagraph (c), the following subparagraph \u2014\n\u201c(ca) interests in a limited liability partnership which is formed\nand registered under the Limited Liability Partnership\nLaw, 2017; and\n(b) by repealing subparagraph (d) and substituting the following\nsubparagraph \u2014\n\u201c(d) interests in \u2014\n(i)\na limited partnership;\n(ii) an exempted limited partnership; or\n(iii) a limited liability partnership,\nwhich is established under the laws of a jurisdiction other than\nthe Islands; and\u201d.\nPassed by the Legislative Assembly the 30th day of October, 2020.\nHon. 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McKeeva Bush\nSpeaker\nZena Merren-Chin\nClerk of the Legislative Assembly","akn_extracted_at":"2026-06-22 15:42:11.338999+00","cms_id":"2020-0051","law_type":"amending","year":"2020","number":"51","title":"Securities Investment Business (Amendment) (No.2) Law, 2020 (Law 51 of 2020)","status":"in_force"},"provenance":{"files":[{"file_id":"6380","expr_id":"1539","kind":"akn_xml","filename":"2020-0051.akn.xml","source_url":null,"storage_path":"\/Users\/q\/kyleg-data\/working\/AMENDING\/2020\/2020-0051\/2020-0051.akn.xml","content_md5":"fedf4e217e214b9efe8a442f1ed6d9c3","byte_size":"5637","http_last_modified":null,"fetched_at":"2026-06-22 15:42:11.384715+00"},{"file_id":"3077","expr_id":"1539","kind":"pristine_pdf","filename":"2020-0051.pdf","source_url":"\/cms\/images\/LEGISLATION\/AMENDING\/2020\/2020-0051\/2020-0051.pdf","storage_path":"\/Users\/q\/kyleg-data\/pristine\/AMENDING\/2020\/2020-0051\/2020-0051.pdf","content_md5":"cd328daaa5d870760b8081755dfcd20c","byte_size":"418371","http_last_modified":null,"fetched_at":"2026-06-21 23:09:37.96816+00"},{"file_id":"3078","expr_id":"1539","kind":"working_pdf","filename":"2020-0051.pdf","source_url":"\/cms\/images\/LEGISLATION\/AMENDING\/2020\/2020-0051\/2020-0051.pdf","storage_path":"\/Users\/q\/kyleg-data\/working\/AMENDING\/2020\/2020-0051\/2020-0051.pdf","content_md5":"cd328daaa5d870760b8081755dfcd20c","byte_size":"418371","http_last_modified":null,"fetched_at":"2026-06-21 23:09:37.96816+00"}],"paragraph_count":6,"latest_history":null},"quality":{"expr_id":"1539","doc_id":"1539","quality_state":"needs_review","quality_score":"88","needs_human_review":"t","deterministic_categories":"{commencement_metadata_problem,duplicate_text,page_header_footer_noise}","llm_categories":"{}","repair_actions":"{collapse_duplicate_text,strip_page_furniture,verify_commencement_metadata}","finding_severity_counts":"{\"low\": 3}","finding_summary":"repeated line furniture detected: law 51 of 2020 x6; duplicate-line ratio is 12.86%","assessed_at":"2026-06-22 15:29:46.642561+00","updated_at":"2026-06-22 15:29:46.642561+00"}}