Article 47 - Duty to deliver annual returns
LLC shall deliver to the CRO successive 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
(B) if the last return delivered by the
LLC in 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
(B) contain the information required by Article 48;
(C) be signed by a director or secretary of the
(D) be delivered to the
CRO together with payment of the Prescribed Fee.
(3) If an
LLC fails 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 LLC shall 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 LLC to the CRO.
(4) Where an
LLC is in contravention of these Regulations under Article 47(3) every director of the LLC is 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
LLC that is a Collective Investment Fund.
|Amended (as from 5th April 2015).|