The Hong Kong Inland Revenue Department has issued a release announcing the passage of the Limited Partnership Fund Bill by the Legislative Council on 9 July 2020. --- Government welcomes passage of Limited Partnership Fund Bill The Secretary for Financial Services and the Treasury, Mr Christopher Hui, welcomed the passage of the Limited Partnership Fund Bill by the Legislative Council today (July 9). The new Ordinance establishes a limited partnership fund regime which enables funds to be registered in the form of limited partnerships in Hong Kong. The new Ordinance will come into operation on August 31, 2020. Mr Hui...