Tasmanian Consolidated Acts

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PARTNERSHIP ACT 1891 - SECT 31

Retirement from partnership at will
(1)  Where no fixed term has been agreed upon for the duration of the partnership, any partner may determine the partnership at any time on giving notice of his intention so to do to all the other partners.
(2)  Where the partnership has originally been constituted by deed, a notice in writing, signed by the partner giving it, shall be sufficient for this purpose.
(3)  This section does not apply to or in respect of a limited partnership or an incorporated limited partnership.



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