https://www.taxtmi.com/acts?id=40116 The amendment restructures section 10 to replace prior fine language with a penalty framework establishing an initial penalty and a per-day continuing contravention charge, subject to separate maximum caps for the limited liability partnership and for each partner; it also substitutes subsections assigning defined penalties and continuing charges for breaches of the filing provision and for breaches of other specified obligations, differentiating liability between the LLP and its designated partners or partners. en-us Mon, 16 Aug 2021 17:07:54 +0530 Mon, 16 Aug 2021 17:07:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40116 The amendment restructures section 10 to replace prior fine language with a penalty framework establishing an initial penalty and a per-day continuing contravention charge, subject to separate maximum caps for the limited liability partnership and for each partner; it also substitutes subsections assigning defined penalties and continuing charges for breaches of the filing provision and for breaches of other specified obligations, differentiating liability between the LLP and its designated partners or partners. Act-Rules F. Acts / Amendment Acts Mon, 16 Aug 2021 17:07:54 +0530 https://www.taxtmi.com/acts?id=40116