Section 7: Section 7: Annual Return
Article 47 - Duty to deliver annual returns(1) Every
LLCshall deliver to the CROsuccessive annual returns each of which is made up to a date not later than the date which is from time to time the "return date" of the LLC, that is:(A) the anniversary of the incorporation of the LLC; or(B) if the last return delivered by the LLCin accordance with this Article 47 was made up to a different date, the anniversary of that date.(2) Each annual return shall:(A) be in the Prescribed Form;(B) contain the information required by Article 48;(C) be signed by a director or secretary of the LLC; and(D) be delivered to the CROtogether with payment of the Prescribed Fee.(3) If an LLCfails to deliver an annual return in accordance with this Article 47 before the end of the period of 28 days after the return date, the LLCshall be in contravention of these Regulations. The contravention continues until such time as an annual return made up to that return date and complying with the requirements of Article 47(2) (except as to date of delivery) is delivered by the LLCto the CRO.(4) Where an LLCis in contravention of these Regulationsunder Article 47(3) every director of the LLCis similarly liable unless he shows that he took all reasonable steps to avoid the commission of or the continuance of the contravention of these Regulations.(5) This Article does not apply to an LLCthat is a Collective Investment Fund. Amended (as from 5th April 2015).
Article 48 - Contents of annual return
Every annual return shall state the date to which it is made up and shall contain the following information:(1) In respect of each class of
Members, the Nameand Addressof each Memberof the LLCholding more than 1% in nominal value of all the issued shares of that class;(2) the Name, Address, nationality, date of birth and Businessoccupation of each of the directors and the secretary of the LLC;(3) the registered office of the LLC;(4) the authorised and issued share capital of the LLC;(5) the principal Businessactivities of the LLCin the year in question;(6) the Nameand Addressof the auditor of the LLC; and(7) any other information as may be prescribed by the CRO. Amended (as from 5th April 2015).