South Australian Numbered Acts

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PARTNERSHIP (VENTURE CAPITAL FUNDS) AMENDMENT ACT 2005 (NO 15 OF 2005) - SECT 19

19—Amendment of section 15—Admissions and representations of partners

        (1)         Section 15—after "any partner" insert:

in a firm other than a limited partnership or incorporated limited partnership

        (2)         Section 15—after its current contents as amended by this section (now to be designated as subsection (1)) insert:

        (2)         An admission or representation made by any general partner in a limited partnership or incorporated limited partnership concerning the partnership affairs, and in the ordinary course of its business, is evidence against the firm.



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