Limited Partnership (Amendment) Act, 2024 (Commencement) Notice (SI 2024 No. 79)

Summary

This is a commencement notice made by the BVI Minister of Financial Services, Economic Development and Digital Transformation under the Limited Partnership (Amendment) Act, 2024. It brings specified provisions of that Act into force on 2 January 2025, while other provisions not listed remain outside its scope (and presumably commence separately or later).

• Provisions commencing 2 January 2025: Sections 4, 5, 6(a), 10, 13, 14(c) and (d), 15, 21, 30(a), (b), (c) and (e), 32, 33, 39, 41 and 42 of the Limited Partnership (Amendment) Act, 2024.

The notice itself does not create new substantive obligations beyond fixing the commencement date; any compliance duties arise from the underlying amended sections of the Limited Partnership Act once in force.

Applies to

limited partnerships

Deadlines

• 2nd day of January, 2025: Date on which the listed provisions of the Limited Partnership (Amendment) Act, 2024 come into force.