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PARTNERSHIP ACT 1892 - SECT 61
Change in liability of limited partner
(1) Any reduction in the liability of a limited partner caused by a reduction
in the relevant amount shown in the Register in relation to the partner does
not extend to any liability of the limited partnership that arose before the
reduction is recorded in the Register.
(2) Any increase in the liability of a
limited partner caused by an increase in the relevant amount shown in the
Register in relation to the partner extends to any liability of the
limited partnership that arose before the increase is recorded in the
Register.
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