S.L. 370.53 Art. 25Records.

(1) A general partner shall maintain, on behalf of the

Special Limited Partnership Fund, the following or a copy thereof at the principal office of the said Special Limited Partnership Fund:

(a) the Partnership Agreement and every amendment thereof;

(b) a register of partners showing their full names and addresses together with an indication of who is a general or a limited partner;

(c) the capital account of each limited partner showing whichever of the following is applicable in relation to such limited partner:

(i) the amounts and dates of his contributions;

(ii) the amounts agreed to be contributed and the times at which or events upon which the contributions are to be made;

(iii) the amounts and dates of any payments representing a return of his contributions or any part thereof; PARTNERSHIP FUNDS)

(iv) where an agreement or obligation to make a contribution is released in whole or in part, the amount and the date of such release;

(d) where applicable, any report on any non-cash contribution;

(e) its accounting records;

(f) the minutes of all meetings of the general partners relating to the Special Limited Partnership Fund;

(g) a copy of any documents filed from to time to time with the competent authority.

(2) All documents or copies of documents required by sub-regulation (1) to be kept at the principal office shall, subject to the provisions of the Partnership Agreement, be available for inspection by any partner during normal business hours.

(3) The documents mentioned in sub-regulation (1)(b) and

(c) shall constitute evidence of the matters specified prima facie therein.

(4) Any accounting records which a Special Limited Partnership Fund is required by this regulation to keep shall be preserved by it for a period of ten (10) years from the date on which they are made:

Provided that in case of a dissolution of the Special Limited Partnership Fund, the accounting records and the documents of the Special Limited Partnership Fund shall be kept by a person appointed for that purpose by the majority of the general partners before dissolution, and such records and documents shall be kept for the remaining period of the ten (10) years referred to in this sub-regulation:

Provided further that the appointment of such person shall be notified to the competent authority by the person so appointed within fourteen (14) days from the said appointment.

(5) Any duty imposed by these regulations to allow inspection, or to furnish a copy of the documents to be kept by the general partner or the person appointed pursuant to the first proviso of sub-regulation (4) shall, irrespective of the medium in which such documents are maintained, be construed as a duty to allow inspection, or to furnish a copy, of such documents in legible form.