Western Australian Current Acts

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PARTNERSHIP ACT 1895 - SECT 44

44 .         Dissolution by death, bankruptcy, assignment or charge

        (1)         Subject to any agreement between the partners every partnership is also dissolved by the death or bankruptcy of any partner.

        (2)         A partnership may, at the option of the other partners or any of them, by written notice, be dissolved if any partner assigns his share of the partnership property or suffers such share to be charged under this Act for his separate debt.

        (3)         The dissolution shall take effect from the date of the death, bankruptcy, or notice as the case may be.

        (4)         Such notice shall be given within 28 days after the partner or partners giving the same has or have notice of the assignment or charge.



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