New South Wales Consolidated Acts

PARTNERSHIP ACT 1892 - SECT 75

75 Identification of limited partnerships and incorporated limited partnerships

(1) In this section,
"document" includes any letter, notice, publication, written offer, contract, order for goods or services, invoice, bill of exchange, promissory note, cheque, negotiable instrument, endorsement, letter of credit, receipt and statement of account.

(2) Any document issued on behalf of a limited partnership in connection with the conduct of the partnership's business must contain in legible letters the words "A Limited Partnership" (or "L.P." or "LP" as an abbreviation) at the end of the firm-name of the partnership.

(2A) Any document issued on behalf of an incorporated limited partnership in connection with the conduct of the partnership's business must contain in legible letters the words "An Incorporated Limited Partnership" (or "L.P." or "LP" as an abbreviation) at the end of the firm-name of the partnership.

(3) A person who--

(a) issues or authorises the issue of a document in contravention of this section, or

(b) being a general partner in the limited partnership or incorporated limited partnership concerned--is aware that documents are being issued in contravention of this section,

is guilty of an offence.

: Maximum penalty--20 penalty units.

(4) The certificate of registration of a limited partnership or incorporated limited partnership must be displayed at all times in a conspicuous position at the registered office of the partnership.

(5) If the certificate of registration is not so displayed, each general partner is guilty of an offence.

: Maximum penalty--20 penalty units.