TABLE OF PROVISIONS Long Title Preamble PART 1 -- Preliminary 1. Short title 2. Commencement 3. Terms used 4. Term used: associate 5. Term used: partnership PART 2 -- Application of laws of partnership 6. Application of Partnership Act to limited partnership 7. Application of general law to incorporated limited partnership 8. Application of Partnership Act to incorporated limited partnership 9. Application of Partnership Act to incorporated limited partnership: modifications PART 3 -- Limited partnerships Division 1 -- Nature, formation and membership 10. Formation of limited partnership 11. Composition of limited partnership 12. Change in membership of limited partnership 13. Differences between partners Division 2 -- Management 14. Limited partner must not take part in management of limited partnership 15. When does limited partner take part in management? Division 3 -- Registration 16. Application for registration 17. Registration Division 4 -- Liability of partner 18. Limitation of liability of limited partner 19. Change in liability of limited partner 20. Effect on liability of change in status of partner 21. Liability for business conducted outside State 22. Liability under corresponding law 23. Effect of sections 21 and 24. Limitation of liability provisions cannot be varied Division 5 -- Dissolution, cessation and winding up 25. Dissolution generally 26. Dissolution on grounds of mental disability 27. Cessation 28. Notice of dissolution or cessation 29. No notice of dissolution or cessation 30. Winding up Division 6 -- Cancellation of registration 31. Cancellation of registration on dissolution or cessation 32. Cancellation of registration on incorporation 33. Notice of cancellation 34. Effect of cancellation PART 4 -- Incorporated limited partnerships Division 1 -- Nature, formation and membership 35. Nature of incorporated limited partnerships 36. Formation of incorporated limited partnerships 37. Composition of incorporated limited partnerships 38. Change in membership 39. Differences between partners 40. Agents 41. Partnership agreement Division 2 -- Management 42. Limited partner must not take part in management of incorporated limited partnership 43. When does limited partner take part in management? 44. Proposals to which section 43(1)(k)(i) applies Division 3 -- Registration 45. Application for registration 46. Registration Division 4 -- Lodgment of documents relating to registration 47. Evidence of status: on registration 48. Evidence of status: after registration Division 5 -- Liability of partner 49. Limitation of liability of limited partner 50. Effect on liability of change in status of partner 51. Liability for business conducted outside State 52. Liability under corresponding law 53. Effect of sections 51 and Division 6 -- Winding up Subdivision 1 -- Voluntary winding up 54. Voluntary winding up Subdivision 2 -- Winding up required by Commissioner 55. Grounds for winding up required by Commissioner 56. Commissioner may require incorporated limited partnership to show cause 57. How incorporated limited partnership may show cause 58. Commissioner may give winding up notice where cause not shown 59. Commissioner must record in register where cause shown 60. Power to cancel winding up notice given in error 61. Notices must be recorded in register 62. Commencement and completion of winding up 63. Costs of winding up 64. Appointment of liquidator 65. Distribution of assets on winding up Subdivision 3 -- Winding up under Corporations Act 66. Application of Corporations Act to winding up Subdivision 4 -- Winding up generally 67. Notice of winding up 68. No notice of winding up Division 7 -- Cancellation of registration 69. Cancellation of registration on winding up 70. Notice of cancellation 71. Effect of cancellation Division 8 -- Miscellaneous 72. Entitlement to make assumptions 73. Assumptions that can be made 74. Common seal 75. Execution 76. Enforcing judgments 77. Proper party to proceeding PART 5 -- General Division 1 -- Register and registration 78. Register 79. Power to make or correct certain entries in register 80. Reinstatement of registration 81. Entry in register constitutes notice Division 2 -- Certificates of registration 82. Certificate of registration to be issued 83. Certificate of registration to be displayed Division 3 -- Change in registered particulars 84. Notice of change in registered particulars 85. Change in agreed contribution of limited partner 86. Register to record change in registered particulars Division 4 -- Restrictions on members 87. Terms used 88. Restrictions on insolvents 89. Restrictions on convicted persons 90. Restrictions on disqualified persons 91. Contravention does not affect liability 92. Leave of Commissioner 93. Revoking leave of Commissioner Division 5 -- Reviews 94. Terms used 95. Reviewable decisions 96. Review of reviewable decisions Division 6 -- Offences 97. Giving false or misleading information 98. Offences by partnership 99. Time for bringing proceedings for offences Division 7 -- Miscellaneous 100. How notices may be given 101. How consent may be given 102. Registered office 103. Service 104. Lodgment of documents 105. Signing of documents 106. Business documents 107. Inspection of accounts and financial records Division 8 -- Application of other written laws 108. Application of Fair Trading Act 109. Application of Criminal Procedure Act 2004 Division 9 -- Regulations and orders 110. Regulations 111. Regulations prescribing model limited partnership agreement 112. Regulations relating to Corporations Act 113. Orders declaring corresponding law PART 6 -- Repeals and transitional matters 114. Terms used 115. Written laws repealed 116. Existing limited partnerships 117. Existing register 118. Existing statements 119. Time limit under section 120. Leave taken to have been granted under section 92(4) 121. Transitional regulations PART 7 -- Partnership Act 1895 amended 122. Partnership Act 1895 amended Defined terms[Assented to 29 November 2016]
Compilation table