Victorian Current Acts Victorian Current ActsIn this Part—
S. 81 def. of Director amended by No. 21/2012 s. 239(Sch. 6 item 34.2).
"Director" means Director within the meaning of the Australian Consumer Law and Fair Trading Act 2012 ;
"firm-name", in relation to an incorporated limited partnership, means the name of the partnership as recorded in the Register;
"general partner" means a person admitted as a partner in an incorporated limited partnership in accordance with the partnership agreement and who is not a limited partner;
"incorporated limited partnership" means a partnership formed in accordance with this Part;
"liability" includes any debt, obligation or liability of any kind, wherever and however incurred;
"limited partner" means a person admitted as a partner in an incorporated limited partnership in accordance with the partnership agreement and whose liability for the liabilities of the partnership is limited in accordance with this Part;
"limited partnership" has the same meaning as in Part 3;
"partner", in relation to an incorporated limited partnership, means a general partner or a limited partner;
"person" includes a partnership;
"Register" means the Register of Incorporated Limited Partnerships kept under this Part;
"special resolution", in relation to the limited partners, means a resolution that has been passed by at least 75% of the limited partners.
S. 82 inserted by No. 99/2003 s. 4.