Victorian Consolidated Legislation

Partnership Act 1958 - SECT 88

How is an application made?

88. How is an application made?



(1) An application for registration as an incorporated limited partnership is
made by lodging with the Director in accordance with this Part a statement
signed by each partner or proposed partner.

(2) The statement must be made in the form approved by the Director and must-

   (a)  in the case of an application by a partnership, contain particulars
        of-

   (i)  the firm-name of the partnership; and
(ii) the full address of the office or principal office in Victoria of
the partnership (to be called the "registered office" of the proposed
incorporated limited partnership);

   (b)  in the case of an application by persons proposing to be the partners
        in the proposed incorporated limited partnership, contain particulars
        of-

   (i)  the proposed firm-name of the proposed incorporated limited
        partnership; and
(ii) the full address of the proposed office or principal office in Victoria
of the proposed incorporated limited partnership (to be called the "registered
office" of the proposed incorporated limited partnership);

   (c)  contain a statement as to whether it is proposed to have at the end of
        the firm-name of the proposed incorporated limited partnership-

(i) the words "An Incorporated Limited Partnership"; or

   (ii) the expression "L.P."; or

   (iii) the expression "LP";

   (d)  contain particulars of the full name of each partner or proposed
        partner or, if the partner or proposed partner is a partnership, the
        name of the firm or, if the firm does not have a name, the full name
        of each partner in the firm;

   (e)  contain particulars of the full address of each partner or proposed
        partner, being (in the case of an individual) his or her principal
        place of residence or (in the case of a body corporate) its
        registered office or principal place of business or (in the case of a
        partnership) its registered office or principal office;

   (f)  contain a statement in relation to each partner or proposed partner as
        to whether that partner or proposed partner is, or is proposed to be,
        a general partner or a limited partner;

   (g)  contain a statement in relation to each partner or proposed partner
        that is a partnership to the effect that the partner or proposed
        partner is a partnership;

   (h)  in the case of an application by a partnership that is registered as a
        VCLP, an AFOF or an ESVCLP under Part 2 of the
        Venture Capital Act 2002 of the Commonwealth, be accompanied by a copy
        of a document evidencing its status as a VCLP, an AFOF or an ESVCLP;

        (i)    in the case of an application by a partnership that is a
               venture capital management partnership within the meaning of
               section 94D(3) of the Income Tax Assessment Act 1936 of the
               Commonwealth, contain a statement that it is such a
               partnership;

   (j)  contain such other particulars as are required by the regulations or
        by the approved form of statement.

(3) An application under this section must be accompanied by the prescribed
fee or, if no fee is prescribed, a fee of $500.00.