The Act of 1994 is amended by the insertion of the following sections after section 45:
"46. Duty to keep and maintain a beneficial ownership register
(1) The general partner of an investment limited partnership shall keep and maintain a register (which shall be known, and is in this Act referred to, as a ‘beneficial ownership register’) in which there shall be entered by it the information referred to in section 27A(1)(a) and (b) and (2).
(2) A general partner that fails to comply with subsection (1) shall be guilty of an offence.
(3) If -
(a) the name of any individual is, without sufficient cause, entered in or omitted from an investment limited partnership’s beneficial ownership register, or
(b) default is made or unnecessary delay takes place in entering in an investment limited partnership’s beneficial ownership register the fact that an individual has ceased to be a beneficial owner of it,
the individual aggrieved or any other interested party may apply to the court for
…