Western Australian Current Acts Western Australian Current Acts (1) There must at all
times be a written partnership agreement between the partners in an
incorporated limited partnership.
(2) The interests of
the partners in an incorporated limited partnership and their rights and
duties in relation to the partnership are, subject to this Act, to be
determined in accordance with the agreement.
(3) A partnership
agreement has effect as a contract between the incorporated limited
partnership and each partner in the partnership under which the partnership
and each of the partners agree to observe and perform the agreement so far as
it applies to them.
(4) Nothing in
subsection (3) prevents an incorporated limited partnership itself executing a
partnership agreement.