Companies Act (Cap. 386)
Companies Act (Cap. 386), article 191
191. (1) Where all the partners of a partnership en nom
collectif or where all the partners having unlimited liability of a
partnership en commandite or limited partnership, the capital of
which is not divided into shares , are themselves partnerships en
commandite or limited partnerships, the capital of which is divided
into shares, the provisions of Chapter IX and of this Chapter o f this
Title shall, in so far as they are applicable, apply to such a
partnership.
(2) The provisions of sub-article (1) shall also apply where all
the partners of a partnership en nom collectif or where all the
partners having unlimited liability of a partnership en commandite
or limited partnership the capital of which is not divided into shares
are themselves companies, or are partnerships or firms constitu ted
or incorporated outside Malta which are of a type which is
comparable to that of a compan y or that of a partnership en
commandite or limited partnership the capital of which is divided
into shares as regul ated by this Act.
(3) Where all the partners of a partnership en nom collectif or
where all the partners having unlimited liability of a partners hip en
commandite or limited partnership the capital of which is not
132 CAP. 386.] COMP ANIES
divided into shares are themselv es companies or are partnership s en
commandite or limited partnerships the capital of which is divided
into shares, or are commercial p artnerships to which sub-articl e (1)
or sub-article (2) applies, the provisions of Chapter IX and of this
Chapter of this Title shall, in so far as applicable, apply to such a
partnership, provided that the provisions of article 184 shall not apply
to partnerships governed by this article.
Chapter XI - Distributio n of Profits and Assets
Certain
distributions
prohibited.
Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.