Regulation 13 — Registration of changes in Partners

(1) A notice in terms of section 14 of the Act to become or cease to be a partner or designated partner as the case may be shall be signed, authenticated under common seal of LLP and filed with the registrar within fifteen days as per LLP-Form-V along with the copy of LLP Agreement and fee as specified in Fee Schedule.

(2) The notice concerning admission of new partner as per sub-regulation (1), shall be accompanied by his consent to act as such as per LLP-Form-IV along with a copy of LLP Agreement.

(3) A notice in terms of section 14 of the Act for any change in the name or address of a partner or designated partner as the case may be, shall be signed, authenticated under common seal of LLP and filed with the registrar within fifteen days as per LLP-Form-V along with the copy of LLP agreement, if required and fee as specified in Fee Schedule.