Dewan Negara passes Limited Liability Partnerships (Amendment) Bill 2024


Photo: Bernama

KUALA LUMPUR: The Limited Liability Partnerships (Amendment) Bill 2024, which aims to help reduce liability for partners in conventional partnerships, was passed by the Dewan Negara on Wednesday (July 31).

Domestic Trade and Cost of Living Deputy Minister Fuziah Salleh said that under the amendments to the Limited Liability Partnerships Act 2013 (Act 743), provisions related to the reporting framework and the disclosure of beneficial ownership information would be included.

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