Western Australian Current Acts

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7 .         Meaning of “partnership”

        (1)         Subject to subsection (3), partnership is the relation which subsists between persons carrying on a business in common with a view of profit.

        (2)         In deciding whether a partnership does or does not exist in any particular case, the court shall have regard to the true contract and intention of the partners as appearing from the whole facts of the case.

        (3)         Partnership does not include the relation which subsists between —

            (a)         the partners in an incorporated limited partnership; or

            (b)         an incorporated limited partnership and its partners.

        [Section 7 amended: No. 54 of 2016 s. 122(5) and (6).]

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