Part 2 – Limited partnerships etc The general partners Section 120: Officers of general partners: transitional provision
This section is a transitional provision. It gives general partners of existing limited partnerships which are legal entities a six-month period to comply with the new requirements about registered officers and named contacts that are being introduced by section 119 of this Act.
	By "existing", this means limited partnerships that are registered in pursuance of an application for registration delivered to the Registrar before the Limited Partnership Act 1907 is amended by section 119.
	Section 120(2) provides that, general partners which are legal entities and which became general partners on registration must deliver within the six month transitional period a statement that contains information about their registered officer. They must also either confirm that they do not have any managing officers that are legal entities or, if they have more than one managing officer that is a legal entity, the must provide a proposed contact for each managing officer.