New South Wales Consolidated Acts

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PARTNERSHIP ACT 1892 - As at 13 January 2023 - Act 12 of 1892 - NOTES

Reprint history (since 1972)--

Reprint No 1   15 January 1973  
Reprint No 2   14 February 1977  
Reprint No 3   14 February 1979  
Reprint No 4   5 May 1993  
Reprint No 5   21 November 1994  
Reprint No 6   16 July 2002  
Reprint No 7   25 July 2006  

Preamble

WHEREAS it is expedient to declare and amend the law of Partnership--

Be it therefore enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and Legislative Assembly of New South Wales in Parliament assembled, and by the authority of the same, as follows--

Historical notes

The following abbreviations are used in the Historical notes:

Am amended LW legislation website Sch Schedule
Cl clause No number Schs Schedules
Cll clauses p page Sec section
Div Division pp pages Secs sections
Divs Divisions Reg Regulation Subdiv Subdivision
GG Government Gazette Regs Regulations Subdivs Subdivisions
Ins inserted Rep repealed Subst substituted

Table of amending instruments

Partnership Act 1892 (55 Vic No 12). Assented to 20.2.1892. This Act has been amended as follows--

1965 No 33 Decimal Currency Act 1965. Assented to 20.12.1965.
Date of commencement of sec 4, 14.2.1966, secs 1 (3), 2 (1) and the Currency Act 1965 (Commonwealth), sec 2 (2).
1970 No 52 Supreme Court Act 1970. Assented to 14.10.1970.
Date of commencement, Part 9 excepted, 1.7.1972, sec 2 (1) and GG No 59 of 2.6.1972, p 2018. Amended by Supreme Court (Amendment) Act 1972 No 41. Assented to 11.4.1972.
1991 No 48 Partnership (Limited Partnership) Amendment Act 1991. Assented to 11.12.1991.
Date of commencement, 1.5.1992, sec 2 and GG No 55 of 1.5.1992, p 2987.
1994 No 32 Statute Law (Miscellaneous Provisions) Act 1994. Assented to 2.6.1994.
Date of commencement of Sch 3, assent, sec 2.
1998 No 36 Partnership Amendment Act 1998. Assented to 15.6.1998.
Date of commencement, assent, sec 2.
2001 No 34 Corporations (Consequential Amendments) Act 2001. Assented to 28.6.2001.
Date of commencement of Sch 4.43, 15.7.2001, sec 2 (1) and Commonwealth Gazette No S 285 of 13.7.2001.
2002 No 97 Business Names Act 2002. Assented to 29.11.2002.
Date of commencement of Sch 1.8, 5.10.2004, sec 2 (1) and GG No 149 of 24.9.2004, p 7607.
2004 No 8 Partnership Amendment (Venture Capital Funds) Act 2004. Assented to 17.3.2004.
Date of commencement, 5.4.2004, sec 2 and GG No 69 of 2.4.2004, p 1797.
No 91 Statute Law (Miscellaneous Provisions) Act (No 2) 2004. Assented to 10.12.2004.
Date of commencement of Sch 2.63, assent, sec 2 (2).
2007 No 43 Partnership Amendment (Venture Capital) Act 2007. Assented to 1.11.2007.
Date of commencement, assent, sec 2.
No 94 Miscellaneous Acts (Local Court) Amendment Act 2007. Assented to 13.12.2007.
Date of commencement of Sch 4, 6.7.2009, sec 2 and 2009 (314) LW 3.7.2009.
2011 No 44 Business Names (Commonwealth Powers) Act 2011. Assented to 20.9.2011.
Date of commencement of Sch 3, 28.5.2012, sec 2 and 2012 (209) LW 25.5.2012.
2017 No 22 Statute Law (Miscellaneous Provisions) Act 2017. Assented to 1.6.2017.
Date of commencement of Sch 4, 7 days after assent, sec 2 (1).
No 63 Statute Law (Miscellaneous Provisions) Act (No 2) 2017. Assented to 23.11.2017.
Date of commencement of Sch 1.14, 14 days after assent, sec 2 (1).
2018 No 28 Miscellaneous Acts Amendment (Marriages) Act 2018. Assented to 15.6.2018.
Date of commencement, assent, sec 2.
2020 No 30 Statute Law (Miscellaneous Provisions) Act 2020. Assented to 27.10.2020.
Date of commencement of amendments made by Sch 2.29, 11.12.2020, sec 2(3).
2022 No 59 Statute Law (Miscellaneous Provisions) Act (No 2) 2022. Assented to 26.10.2022.
Date of commencement, 13.1.2023, sec 2.

Table of amendments

Part 1 Ins 1991 No 48, Sch 2 (2).
Sec 1A Ins 1991 No 48, Sch 2 (2).
Sec 1B Ins 1991 No 48, Sch 2 (2). Am 2004 No 8, Sch 1 [1[#93] [2[#93].
Sec 1C Ins 2004 No 8, Sch 1 [3[#93].
Part 2, heading Ins 1991 No 48, Sch 2 (2).
Part 2, Div 1, heading Ins 1991 No 48, Sch 2 (2).
Sec 1 Am 1991 No 48, Sch 2 (3); 2001 No 34, Sch 4.43 [1[#93]; 2004 No 8, Sch 1 [4[#93].
Sec 2 Am 1970 No 52, Second Sch; 1994 No 32, Sch 3; 2004 No 8, Sch 1 [5[#93]; 2018 No 28, Sch 1.26.
Sec 3 Am 1965 No 33, First Sch; 1994 No 32, Sch 3.
Sec 4 Am 2004 No 8, Sch 1 [6[#93] [7[#93].
Part 2, Div 2, heading Ins 1991 No 48, Sch 2 (4).
Sec 5 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [8[#93] [9[#93].
Sec 6 Am 2004 No 8, Sch 1 [10[#93]-[12[#93]
Sec 7 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [13[#93] [14[#93].
Sec 8 Am 2004 No 8, Sch 1 [15[#93] [16[#93].
Sec 9 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [17[#93]-[19[#93].
Sec 10 Am 1994 No 32, Sch 3; 1998 No 36, Sch 1 [1[#93] [2[#93]; 2001 No 34, Sch 4.43 [2[#93]; 2004 No 8, Sch 1 [20[#93]-[22[#93].
Sec 11 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [23[#93] [24[#93].
Sec 12 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [25[#93] [26[#93].
Sec 13 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [27[#93] [28[#93].
Sec 14 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [29[#93] [30[#93].
Sec 15 Am 2004 No 8, Sch 1 [31[#93] [32[#93].
Sec 16 Am 2004 No 8, Sch 1 [33[#93] [34[#93].
Sec 17 Am 1994 No 32, Sch 3. Subst 2004 No 8, Sch 1 [35[#93].
Sec 18 Am 2004 No 8, Sch 1 [36[#93].
Part 2, Div 3, heading Ins 1991 No 48, Sch 2 (5).
Sec 20 Am 2004 No 8, Sch 1 [37[#93].
Sec 20A Ins 2004 No 8, Sch 1 [38[#93].
Sec 22 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [39[#93].
Sec 23 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch); 1994 No 32, Sch 3; 2004 No 8, Sch 1 [40[#93].
Sec 24 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [41[#93].
Sec 26 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [42[#93].
Sec 27 Am 2004 No 8, Sch 1 [43[#93].
Sec 28 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [44[#93] [45[#93].
Sec 29 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [46[#93].
Sec 30 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [47[#93].
Sec 31 Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [48[#93].
Part 2, Div 4, heading Ins 1991 No 48, Sch 2 (6).
Sec 31A Ins 2004 No 8, Sch 1 [49[#93].
Secs 32, 33 Am 1994 No 32, Sch 3.
Sec 35 Am 1970 No 52, Second Sch; 1994 No 32, Sch 3.
Sec 36 Am 1994 No 32, Sch 3; 2020 No 30, Sch 2.29.
Sec 37 Am 1994 No 32, Sch 3.
Sec 38 Am 1970 No 52, Second Sch; 1994 No 32, Sch 3.
Sec 39 Am 1994 No 32, Sch 3.
Sec 40 Am 1970 No 52, Second Sch (am 1972 No 41, Second Sch).
Secs 41, 42, 44 Am 1994 No 32, Sch 3.
Sec 45 Rep 1991 No 48, Sch 2 (7).
Part 2, Div 5, heading Ins 1991 No 48, Sch 2 (8).
Sec 48 Rep 1991 No 48, Sch 2 (9).
Part 3, heading Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [50[#93].
Part 3 Ins 1991 No 48, Sch 1.
Part 3, Div 1 Ins 1991 No 48, Sch 1.
Sec 49 Ins 1991 No 48, Sch 1. Am 2002 No 97, Sch 1.8 [1[#93]; 2004 No 8, Sch 1 [51[#93]-[53[#93]; 2011 No 44, Sch 3.14 [1[#93]; 2017 No 22, Sch 4.31 [1[#93] [2[#93]; 2022 No 59, Sch 3.49.
Sec 50 Ins 1991 No 48, Sch 1. Subst 2004 No 8, Sch 1 [54[#93].
Part 3, Div 2, heading Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [55[#93].
Part 3, Div 2 Ins 1991 No 48, Sch 1.
Sec 50A Ins 2004 No 8, Sch 1 [56[#93].
Sec 51 Ins 1991 No 48, Sch 1. Subst 2004 No 8, Sch 1 [57[#93].
Sec 52 Ins 1991 No 48, Sch 1. Am 2001 No 34, Sch 4.43 [3[#93]; 2004 No 8, Sch 1 [58[#93] [59[#93].
Sec 53 Ins 1991 No 48, Sch 1. Subst 2004 No 8, Sch 1 [60[#93].
Secs 53A-53C Ins 2004 No 8, Sch 1 [60[#93].
Part 3, Div 3, heading Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [61[#93].
Part 3, Div 3 Ins 1991 No 48, Sch 1.
Sec 53D Ins 2004 No 8, Sch 1 [62[#93]. Am 2007 No 43, Sch 1 [1[#93].
Sec 54 Ins 1991 No 48, Sch 1. Am 1994 No 32, Sch 3. Subst 2004 No 8, Sch 1 [63[#93]. Am 2007 No 43, Sch 1 [2[#93].
Sec 55 Ins 1991 No 48, Sch 1. Am 2002 No 97, Sch 1.8 [2[#93]; 2004 No 8, Sch 1 [64[#93]-[67[#93]; 2004 No 91, Sch 2.63; 2011 No 44, Sch 3.14 [2[#93].
Sec 55A Ins 2004 No 8, Sch 1 [68[#93].
Sec 56 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [69[#93]-[72[#93].
Sec 57 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [73[#93] [74[#93].
Sec 58 Ins 1991 No 48, Sch 1. Subst 2004 No 8, Sch 1 [75[#93].
Sec 59 Ins 1991 No 48, Sch 1. Am 2002 No 97, Sch 1.8 [3[#93]; 2004 No 8, Sch 1 [76[#93] [77[#93]; 2004 No 91, Sch 2.63; 2011 No 44, Sch 3.14 [3[#93].
Part 3, Div 4, heading Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [78[#93].
Part 3, Div 4 Ins 1991 No 48, Sch 1.
Sec 60 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [79[#93] [80[#93].
Secs 61-63 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [81[#93].
Sec 64 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [81[#93]-[84[#93].
Sec 64A Ins 2004 No 8, Sch 1 [85[#93].
Secs 65, 66 Ins 1991 No 48, Sch 1.
Part 3, Div 4A (secs 66A-66E) Ins 2004 No 8, Sch 1 [86[#93].
Part 3, Div 5 Ins 1991 No 48, Sch 1.
Sec 67 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [81[#93] [88[#93] [89[#93].
Sec 67A Ins 2004 No 8, Sch 1 [90[#93]. Am 2007 No 43, Sch 1 [3[#93].
Sec 67B Ins 2004 No 8, Sch 1 [90[#93].
Sec 68 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [91[#93] [92[#93].
Sec 69 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [92[#93]-[95[#93].
Part 3, Div 6, heading Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [96[#93].
Part 3, Div 6 Ins 1991 No 48, Sch 1.
Sec 70 Ins 1991 No 48, Sch 1. Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 [97[#93] [98[#93].
Secs 71-73 Ins 1991 No 48, Sch 1.
Sec 73A Ins 2004 No 8, Sch 1 [99[#93].
Secs 73B-73D Ins 2004 No 8, Sch 1 [100[#93].
Sec 73E Ins 2004 No 8, Sch 1 [100[#93]. Am 2007 No 43, Sch 1 [4[#93].
Part 3, Div 7 Ins 1991 No 48, Sch 1.
Sec 74 Ins 1991 No 48, Sch 1.
Sec 75 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [101[#93] [102[#93].
Sec 76 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [103[#93].
Sec 77 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [104[#93].
Sec 78 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [105[#93].
Sec 79 Ins 1991 No 48, Sch 1.
Sec 80 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [106[#93]; 2007 No 94, Sch 4.
Secs 80A, 80B Ins 2004 No 8, Sch 1 [107[#93].
Sec 81 Ins 1991 No 48, Sch 1. Am 2004 No 8, Sch 1 [108[#93]; 2017 No 63, Sch 1.14.
Sec 81A Ins 2004 No 8, Sch 1 [109[#93].
Part 4 Ins 1998 No 36, Sch 1 [3[#93].
Sec 82 Ins 1998 No 36, Sch 1 [3[#93].
Sec 83 Ins 2004 No 8, Sch 1 [110[#93].
Sch 1 Ins 2004 No 8, Sch 1 [110[#93]. Am 2007 No 43, Sch 1 [5[#93].
Sch 2 Ins 2004 No 8, Sch 1 [110[#93]. Am 2007 No 43, Sch 1 [6[#93]-[9[#93].
The whole Act (italicised headings before sections) Am 1991 No 48, Sch 2 (1) (italicised headings before secs 1, 5, 19, 32 and 45 omitted).



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