New South Wales Consolidated Acts

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PARTNERSHIP ACT 1892 - SECT 30

Duty of partner not to compete with firm

30 Duty of partner not to compete with firm

(1) If a partner, without the consent of the other partners, carries on any business of the same nature as and competing with that of the firm, the partner must account for and pay over to the firm all profits made by the partner in that business.
(2) This section does not apply to or in respect of an incorporated limited partnership.



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