59Changes of registered information

59 Changes of registered information (1) Within 7 days after a change has occurred to a matter in the registered information of an incorporated limited partnership, a statement setting out the change and signed by all the general partners in the partnership, or a general partner authorised by those partners, must be given to the Commissioner. (2) The statement must: (a) be in the approved form; and (b) contain the information prescribed by the Regulations. (3) The Commissioner must, on the basis of the statement, change the registered information if the statement is given under this section. (4) Each general partner in the partnership commits an offence if subsection (1) is contravened. Maximum penalty: If the offender is a natural person – 20 penalty units. If the offender is a body corporate – 100 penalty units. (5) It is a defence to a prosecution for the offence if the general partner proves that: (a) the general partner did not know about the contravention; and (b) reasonable precautions and appropriate diligence had been exercised to avoid the contravention.