Keeping and form of limited liability records

(1) A limited liability partnership shall take reasonable precautionsfrom of limited (a) to prevent loss or destruction of; (b) to prevent falsification of entries in; and (c) to facilitate detection and correction of inaccuracies in, the records it is required to 20 keep in accordance with sections 9 (4) and 10 (1) . (2) The records referred to in sub-section (1), may be kept in the form of a bound or loose-leaf book, or photographic film, or may be entered or recorded by a system of mechanical or electronic data processing or any other information storage device that is capable of reproducing any required information in intelligible written form within a reasonable time. (3) If default is made in compliance with sub-section (1), the designated partner commits an offence and is liable to a fine of up to a maximum amount of fifty thousand dollars or up to two years imprisonment, or to both a fine and imprisonment.