12.—(1) An investment limited partnership shall at all times maintain a registered office in the State and a principal place of business in the State which may be at the same address, to which all communications and notices may be addressed.

F42[(2) Subject to subsection (2A), every investment limited partnership shall use, at the end of its name, the words—

(a) "investment limited partnership" or the abbreviation "ILP", or

(b) in the Irish language, "Comhpháirtíocht Theoranta Infheistíochta" or the abbreviation "CTI",

and the words and the abbreviation set out in paragraph (a) may be used interchangeably (and, likewise, the words and the abbreviation set out in paragraph (b) may be so used).]

F43[(2A) In the circumstances, as provided for in section 8(4B)(a), in which an investment limited partnership is permitted to use its alternative foreign name, the investment limited partnership shall use, at the end of that name, the words "investment limited partnership", being those words as expressed in the same language as the alternative foreign name is expressed in.]

(3) F44[…]

(4) F44[…]

(5) If default is made in compliance with the requirements of subsection (1) or (2) any partner who is in default shall be guilty of an offence.