Part 2 – Limited partnerships etc The registrar’s role relating to dissolution, revival and deregistration Section 142: Registrar’s power to confirm dissolution: transitional provision
This is a transitional section that states that if the Registrar exercises the power in section 18(1) during the period of six months after section 116(2) of the Act comes into force, the Registrar can publish a notice stating that the Registrar has reasonable cause to believe the limited partnership has been dissolved without having to comply with the warning notice or notification provisions. The Registrar can treat the firm as dissolved and remove it from the index of names. This mechanism is intended to streamline the removal of dissolved firms during the transitional period so that the register is kept up to date upon the end of the transitional period.