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PARTNERSHIP ACT 1892 - SECT 71
Cessation of limited partnerships
71 Cessation of limited partnerships
(1) A partnership ceases to be a limited partnership if none of the partners
is a limited partner or the partners agree that they will carry on the
business of the partnership otherwise than as a limited partnership.
(2) If a
limited partnership ceases to be a limited partnership and the forming members
of the partnership or some of them continue in association or partnership,
that association or partnership is no longer taken to be formed in accordance
with this Part.
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