Regulation
Limited Liability Partnership (Amendment) Act, 2023 (Commencement) Order, 2024 (SL 19 of 2024)
In forceView on CIMA's website Source document
Summary
This is a short commencement order made by the Cayman Islands Cabinet that brings the Limited Liability Partnership (Amendment) Act, 2023 (Act 20 of 2023) into force. The Order itself contains no substantive rules; it simply fixes the date on which the earlier amendment Act takes legal effect.
The Order states that the Limited Liability Partnership (Amendment) Act, 2023 comes into force on 31 July 2024. The text provided does not include the substantive content of the Amendment Act itself, so this summary cannot describe what specific changes that Act makes to the limited liability partnership regime -- only that those changes are now legally operative.
Because this is a commencement instrument rather than a substantive regulatory text, it does not itself create new compliance duties beyond confirming the effective date; any obligations arise from the underlying Amendment Act, whose provisions are not reproduced here.
Applies to
limited liability partnerships
Deadlines
- 31st July, 2024: Date on which the Limited Liability Partnership (Amendment) Act, 2023 comes into force