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Background
A Bill to amend The Investment Limited Partnerships Act, 1994,
which governs the establishment and operation of regulated
investment limited partnerships in Ireland, has just been
published.
The Bill, when enacted, is expected to provide for general
updates and enhancements to the existing partnership legislation,
to make certain technical amendments to the Irish Collective
Asset-management Vehicles Act, 2015 and to provide for related
matters.
The Bill must now pass through a number of stages in both Houses
of the Irish Parliament before it becomes law.