Western Australian Current Acts Western Australian Current Acts (1) In this section
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business document includes any letter, notice,
publication, written offer, contract, order for goods or services, invoice,
bill of exchange, promissory note, cheque, negotiable instrument, endorsement,
letter of credit, receipt or statement of account.
(2) A business
document issued on behalf of a limited partnership in connection with the
conduct of the partnership business must contain in legible letters of similar
print size —
(a) the
firm name of the partnership; and
(b) the
words “A Limited Partnership” (or “L.P.” or
“LP” as an abbreviation) immediately adjacent to the firm name.
(3) Subsection (2)(b)
is taken to be complied with if the words “Limited Partnership” or
the abbreviation “L.P.” or “LP” forms part of the firm
name.
(4) A business
document issued on behalf of an incorporated limited partnership in connection
with the conduct of the partnership business must contain in legible letters
of similar print size —
(a) the
firm name of the partnership; and
(b) the
words “An Incorporated Limited Partnership” (or
“I.L.P.” or “ILP” as an abbreviation) immediately
adjacent to the firm name.
(5) Subsection (4)(b)
is taken to be complied with if the words “Incorporated Limited
Partnership” or the abbreviation “I.L.P.” or
“ILP” forms part of the firm name.
(6) A person who
issues, or authorises the issue of, a business document that the person knows
contravenes subsection (2) or (4) commits an offence.
Penalty for this subsection: a fine of $3 000.
(7) A general partner
in a limited partnership or incorporated limited partnership commits an
offence if —
(a) a
business document is issued on behalf of the limited partnership or
incorporated limited partnership; and
(b) the
general partner knows that the business document contravenes subsection (2) or
(4).
Penalty for this subsection: a fine of $3 000.