Part 2 – Limited partnerships etc Changes in partnerships Section 123: New partners: transitional provision about required information
This section is a transitional provision. It gives general partners in limited partnerships a six-month period in which to deliver a statement to the Registrar specifying the required information about partners that joined the partnership after registration but before section 122 comes fully into force.
	The required information has the meaning given by the provisions in Schedule 4 of this Act. The six-month period begins when section 122 comes into force.
	If the general partners do not submit the required statement as set out in section 123(2), and there is no evidence to the contrary, the Registrar will have reason to believe that the limited partnership has been dissolved.