Northern Territory Consolidated Acts

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PARTNERSHIP ACT 1997 - SECT 88

Identification of partnership

    (1)     A document issued by or for an incorporated limited partnership for its business must contain in legible letters its registered name, ending with "An Incorporated Limited Partnership", "L.P." or "LP".

    (2)     A general partner in the partnership commits an offence for a document issued by or for the partnership that contravenes subsection (1) if, when the document is issued, the person knows about the contravention.

Maximum penalty:     If the offender is a natural person – 100 penalty units.

    If the offender is a body corporate – 500 penalty units.

    (3)     A person commits an offence if the person issues or authorises the issue of a document that contravenes subsection (1).

Maximum penalty:     If the offender is a natural person – 20 penalty units.

    If the offender is a body corporate – 100 penalty units.



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