The Gibraltar government (HMGoG) has confirmed that it will publish its Limited Partnerships Bill and the Protected Cell Limited Partnerships Bill as part of the modernisation of the jurisdiction’s funds legislation.

The new limited partnerships legislation will repeal the existing Limited Partnerships Act 1927 and restate and modernise the existing legislation and has also been designed to provide a framework for, amongst other things:

- the partnership interests of limited partnerships being represented by shares, bonds, notes, loans or other debt securities or instruments;

- limited partners being able to...