South Australian Numbered Acts

PARTNERSHIP (VENTURE CAPITAL FUNDS) AMENDMENT ACT 2005 (NO 15 OF 2005) - SECT 37

37—Substitution of Part 3 Division 1

Part 3, Division 1—delete Division 1 and substitute:

Division 1—Application of Act to limited partnerships and incorporated limited partnerships

47—Application of Act to limited partnerships and incorporated limited partnerships

        (1)         Parts 1 and 2 apply to limited partnerships and incorporated limited partnerships, except as provided by those Parts or this Part.

        (2)         If a provision made by or under this Part relating to limited partnerships or incorporated limited partnerships is inconsistent with a provision made by or under any other Part that applies to limited partnerships or incorporated limited partnerships, respectively, the provision made by or under this Part prevails and the other provision is (to the extent of the inconsistency) of no force or effect in relation to limited partnerships or incorporated limited partnerships.