Victorian Consolidated Legislation

Partnership Act 1958 - SECT 30

Retirement from partnership at will

30. Retirement from partnership at will



(1) Where no fixed term has been agreed upon for the duration of the
partnership any partner may determine the partnership at any time on giving
notice of his intention so to do to all the other partners.

(2) Where the partnership has originally been constituted by deed a notice in
writing signed by the partner giving it shall be sufficient for this purpose.