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Exempted Partnerships (Prohibition of Registration) Order 1993

BERMUDA STATUTORY INSTRUMENT

BR 18/1993

EXEMPTED PARTNERSHIPS (PROHIBITION OF REGISTRATION) ORDER 1993

[made under section 8(5) of the Exempted Partnerships Act 1992, [title 17 item 26] and brought into operation on 8 April 1993]

 

Citation

1 This Order may be cited as the Exempted Partnerships (Prohibition Of Registration) Order 1993.

Prohibition of registration

2 The registration of an exempted partnership the capital of which is less than U.S. $12,000 or, where the capital is specified in a currency other than United States currency, less than the equivalent in that currency of U.S. $12,000, is hereby prohibited.

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