Investment Limited Partnerships Act, 1994 (No. 24)

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	Introductory Text
	Acts Referred to
	Part I Preliminary (ss. 1-4)
In force	1. Short title.
In force	2. Commencement.
In force	3. Interpretation.
In force	4. Savings and disapplications of laws and enactments.
	Part II Constitution (ss. 5-6)
In force	5. Constitution of investment limited partnership.
In force	6. Modification of general law and liability of limited partner for debts of investment limited partnership.
	Part III Formation (ss. 7-10)
In force	7. Conditions for authorisation.
In force	8. Application for, and grant of, authorisation.
In force	9. Notification of refusal of authorisation and application to court.
In force	10. Records of investment limited partnership and statements filed.
	Part IV Administration (ss. 11-24)
In force	11. Variation of partnership agreement and change in general partner or custodian.
In force	12. Registered office and name.
In force	13. Register.
In force	14. Prospectus.
In force	15. Accounts.
In force	16. Annual report and duty of auditor.
In force	17. Debts and obligations incurred by general partner.
In force	18. Admission of limited partners and assignment of interest.
In force	19. Differences as to business of investment limited partnership, inspection of books and contracts with partners.
In force	19A. References in partnership agreements to ‘majority of limited partners’: construction of such references for certain purposes.
In force	20. Return of capital.
In force	21. Assignment.
In force	22. Cessation of limited partner on assignment.
In force	23. Bankruptcy Act, 1988.
In force	24. Obligations of custodian.
	Part V Powers of the Bank (ss. 25-36)
In force	25. Maintenance of records and powers of authorised persons.
In force	26. Appointment and powers of inspectors.
In force	27. Obligation of general partner and custodian to furnish information.
In force	27A. Requirement to hold information on beneficial ownership of partnership
In force	27B. Duty to give particular notice to individuals believed to be beneficial owners of investment limited partnership
In force	27C. Other particular steps that may be taken to establish identity of beneficial owners
In force	28. Change in particulars.
In force	28A. Duty of beneficial owner (in certain circumstances) to notify status as such
In force	28B. Duty of individual (in certain circumstances) to notify relevant change
In force	28C. Offence for failure to comply with notice under section 27B, 27C or 28
In force	29. Revocation of authorisation.
In force	30. Replacement of general partner and custodian.
In force	31. Notification by Bank of revocation or replacement.
In force	32. Application to court in case of refusal of authorisation, revocation of authorisation or replacement of general partner or custodian.
In force	33. Directions by the Bank.
In force	34. Power of court in case of failure to comply with requirement or condition.
In force	35. Personal liability of officers of general partner where failure to keep proper books or records.
In force	36. Authorisation not a warranty by the Bank.
	Part VI Dissolution (ss. 37-38)
In force	37. Investment limited partnership not terminated by change in limited partners.
In force	38. Notice of dissolution.
	Part VII Miscellaneous (ss. 39-59)
In force	39. Offences.
In force	40. Penalties.
In force	41. Offence by body corporate and bringing of proceedings.
In force	42. Hearing of proceedings other than in public.
In force	42A. Power of court to grant relief by way of indemnification.
In force	43. Law of other states.
In force	44. Report by Bank.
In force	45. Expenses.
In force	46. Duty to keep and maintain a beneficial ownership register.
In force	47. Discharge of initial central filing obligation - construction of references to that expression in sections 48 to 59.
In force	48. Delivery of information under sections 49 to 52: delivery may be effected by persons external to general partner (as well as by officers or employees of it).
In force	49. Registrar of Beneficial Ownership of Investment Limited Partnerships
In force	50. Establishment and maintenance of central register.
In force	51. Obligation of general partner to deliver beneficial ownership information to Registrar and related obligations of designated person where certain discrepancies discovered.
In force	52. Information which shall be delivered to Registrar.
In force	53. Information to be provided by presenter.
In force	54. Duty to keep information in beneficial ownership register and central register aligned and up to date.
In force	55. Unrestricted access to beneficial ownership information in central register.
In force	56. Restricted access to beneficial ownership information in central register.
In force	57. Obligations of competent authorities to report certain discrepancies to Registrar.
In force	58. Fees may be charged for access to central register.
In force	59. Offence for failure to comply with section 51, 52, 53 or 54 and supplemental provisions.
	Part VIII Migration-in and Migration-out of Investment Limited Partnerships (ss. 60-67)
	Chapter 1 Migration-in to become an investment limited partnership (ss. 60-63)
In force	60. Definitions and supplemental (Chapter 1)
In force	61. Registration documents
In force	62. Continuation of migrating partnership
In force	63. Supplementary provision in relation to section 62
	Chapter 2 Revocation of authorisation following migration-out (ss. 64-65)
In force	64. Definitions and supplemental (Chapter 2)
In force	65. Revocation of authorisation of investment limited partnerships when continued under law of place outside the State
	Chapter 3 Declaration of solvency (ss. 66-67)
In force	66. Definitions (Chapter 3)
In force	67. Statutory declaration as to solvency
In force	Schedule - Umbrella Investment Limited Partnerships

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