Victorian Consolidated Legislation

Partnership Act 1958 - SECT 81

Definitions

81. Definitions

In this Part- Director means Director within the meaning of the
Fair Trading Act 1999; firm-name, in relation to
an incorporated limited partnership, means the name of the partnership as
recorded in the Register; general partner means a person admitted as a partner
in an incorporated limited partnership in accordance with the partnership
agreement and who is not a limited partner; incorporated limited partnership
means a partnership formed in accordance with this Part; liability includes
any debt, obligation or liability of any kind, wherever and however incurred;
limited partner means a person admitted as a partner in
an incorporated limited partnership in accordance with the partnership
agreement and whose liability for the liabilities of the partnership is
limited in accordance with this Part; limited partnership has the same meaning
as in Part 3; partner, in relation to an incorporated limited partnership,
means a general partner or a limited partner; person includes a partnership;
Register means the Register of Incorporated Limited Partnerships kept under
this Part; special resolution, in relation to the limited partners, means a
resolution that has been passed by at least 75% of the limited partners.