Victorian Current Acts

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PARTNERSHIP ACT 1958 - SECT 54

Application for registration

S. 54(1) amended by No. 30/2003 s. 88(2).

    (1)     An application for the registration as a limited partnership of a partnership is made by lodging with the Director in accordance with this Part a statement signed by each partner or proposed partner.

S. 54(2) amended by No. 30/2003 s. 88(2).

    (2)     The statement must be in the form approved by the Director and must contain the following particulars—

        (a)     the firm-name;

        (b)     particulars of the order under Division 2 designating the partnership;

        (c)     the full address in Victoria of the office or, if there is more than one office, the principal office, of the firm (to be called the registered office of the partnership);

S. 54(2)(d) amended by No. 99/2003 s. 6(3)(a).

        (d)     the full name of each partner or, if the partner is a partnership, the name of the firm or, if the firm does not have a name, the full name of each partner in the firm;

S. 54(2)(e) amended by No. 99/2003 s. 6(3)(b).

        (e)     the full address of each partner, being (in the case of an individual) his or her principal place of residence or (in the case of a body corporate) its registered office or principal place of business or (in the case of a partnership) its registered office or principal office;

        (f)     a statement in relation to each partner as to whether that partner is a general partner or a limited partner;

S. 54(2)(fa) inserted by No. 99/2003 s. 6(3)(c).

        (fa)     a statement in relation to each partner that is a partnership to the effect that the partner is a partnership;

        (g)     a statement in relation to each limited partner to the effect that he or she, or it, is a limited partner whose liability to contribute is limited to the extent of the amount specified in the statement (being the amount of any capital, or the value of any property, that the limited partner has agreed to contribute to the partnership);

S. 54(2)(h) amended by No. 99/2003 s. 6(3)(d).

        (h)     a statement, in relation to each limited partner, of the amount of any capital and the value of any property (or, in the case of a limited partner that is a partnership, the aggregate amounts of capital or values of property) that the partner has agreed to contribute to the partnership, showing separately the amount or value actually contributed and the amount or value outstanding (or, in the case of a limited partner that is a partnership, the aggregate amounts or values actually contributed and the aggregate amounts or values outstanding);

              (i)     such other particulars as are required by the regulations or by the approved form of statement.

S. 55 inserted by No. 43/1992 s. 5.



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