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COMPETITION AND CONSUMER ACT 2010 - SECT 152EN Treatment of partnerships

COMPETITION AND CONSUMER ACT 2010 - SECT 152EN

Treatment of partnerships

    This Part applies to a partnership as if the partnership were a person, but it applies with the following changes:

  (a)   obligations that would be imposed on the partnership are imposed instead on each partner, but may be discharged by any of the partners;

  (b)   any offence against this Part that would otherwise be committed by the partnership is taken to have been committed by each partner who:

  (i)   aided, abetted, counselled or procured the relevant act or omission; or

  (ii)   was in any way knowingly concerned in, or party to, the relevant act or omission (whether directly or indirectly and whether by any act or omission of the partner).

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