Companies Act (Cap. 386)

Companies Act (Cap. 386), article 65

Official PDF on legislation.mt

65. (1) A partnership en commandite or limited partnership, besides being determinable for any of the causes mentioned in article 35, shall be dissolved i f no general partner or no limi ted partner remains, unless, within six months, the partner who has ceased to be a partner shall have been substituted. (2) Where no general partner remains, the limited partners may, for the said period of six months, appoint one of their number for the performance of acts of ordinary administration. (3) A limited partner appointed as aforesaid shall not be subjec t to the provisions of article 59. Division of capital into shares. Amended by: IV . 2003.35, 39; L.N. 181 of 2006; L.N. 186 of 2006; IX. 2008.5.

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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.