Victorian Consolidated Legislation

Partnership Act 1958 - SECT 75

Identification of limited partnerships

75. Identification of limited partnerships



(1) In this section, document includes any letter, notice, publication,
written offer, contract, order for goods or services, invoice, bill of
exchange, promissory note, cheque, negotiable instrument, endorsement, letter
of credit, receipt and statement of account.

(2) Any document issued on behalf of a limited partnership in connection with
the conduct of the partnership's business must contain in legible letters the
words "A Limited Partnership" immediately adjacent to its firm-name.

(3) A person who-

   (a)  issues or authorises the issue of a document in contravention of this
        section; or

   (b)  being a general partner in the limited partnership concerned-is aware
        that documents are being issued in contravention of this section-

is guilty of an offence. Penalty: 20 penalty units.

(4) The certificate of registration of a limited partnership must be displayed
at all times in a conspicuous position at the registered office of the
partnership.

(5) If the certificate of registration is not so displayed, each general
partner is guilty of an offence.

Penalty: 20 penalty units.