Partnerships Act 16 of 2012▤
The carrying on of partnership business
(1) Each partner in a partnership shall have responsibility for the business of the partnership. (2) A partnership shall be capabl…
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79 results · Partnerships Act 16 of 2012
Partnerships Act 16 of 2012▤
When default rule applies
(1) Where a default rule applies in relation to a partnership, it shall be treated as a term of the partnership agreement. (2) The…
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Partnerships Act 16 of 2012▤
Variation of partnership agreement
A partnership agreement may, if it so provides, be varied— (a) before the formation of the partnership, with the agreement of all…
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Partnerships Act 16 of 2012▤
Liability of partners
(1) Each partner in a partnership has unlimited liability. (2) To be a limited partnership, a partnership shall have— (a) one or m…
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Partnerships Act 16 of 2012▤
Bodies excluded from scope of this Act
For the purpose of this Act, the following bodies shall not be considered as a partnership— (a) a limited liability partnership; (…
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Partnerships Act 16 of 2012▤
Interpretation
(1) In this Act, unless the context otherwise requires— “address”, means— (a) for an individual, the usual residential and postal…
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Partnerships Act 16 of 2012▤
Short title and commencement
This Act may be cited as the Partnerships Act, 2012 and shall come into operation on such date as the Minister may, by notice in t…
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