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<h1>New Rules Under Section 79 Define Significant Beneficial Owners in LLPs, Effective Upon Official Gazette Publication.</h1> The Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023, have been established by the Central Government under the authority of section 79 of the Limited Liability Partnership Act, 2008. These rules are officially titled the Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023, and they will become effective upon their publication in the Official Gazette.