Queensland Numbered Acts

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PARTNERSHIP AND OTHER ACTS AMENDMENT ACT 2004 No. 29 - SECT 12

12 Amendment of s 9 (Partners bound by acts on behalf of firm)

(1) Section 9(1), 'the firm', first mention--

omit, insert--

'a firm, other than an incorporated limited partnership,'.

(2) Section 9(1), 'thereto authorised'--

omit, insert--

'authorised to bind the firm'.

(3) Section 9(2)--

omit, insert--

'(2) An act or instrument relating to the business of a firm that is an incorporated limited partnership, and done or executed in the firm-name, or in any other manner, showing an intention to bind the firm by any person authorised to bind the firm, whether a general partner or not, is (subject to section 12(3)) binding on the firm and all the general partners.

'(3) This section does not affect any general rule of law relating to the execution of deeds or negotiable instruments.'.



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