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Amendment of section 39 of Act of 1994
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36. Section 39 of the Act of 1994 is amended by the substitution, for “any partner who is in default shall be guilty of an offence.” of the following:
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“each of the following who is in default, namely—
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(i) a general partner, and
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(ii) any limited partner who, at the time of the contravention, purported to take part in the conduct of the business of the investment limited partnership,
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shall be guilty of an offence (but this section does not apply in respect of a contravention to which section 13 applies).”.
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