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This is a Bill, not an Act. For current law, see the Acts databases.
Western Australia
Partnership Amendment Bill 2005
CONTENTS
1. Short title 1
2. The Act amended 2
3. Section 17 amended 2
009--1 page i
Western Australia
LEGISLATIVE COUNCIL
Partnership Amendment Bill 2005
A Bill for
An Act to amend the Partnership Act 1895.
The Parliament of Western Australia enacts as follows:
1. Short title
This is the Partnership Amendment Act 2005.
page 1
Partnership Amendment Bill 2005
s. 2
2. The Act amended
The amendments in this Act are to the Partnership Act 1895*.
[* Reprint 4 as at 3 October 2003.
For subsequent amendments see Western Australian
5 Legislation Information Tables for 2004, Table 1, p. 326.]
3. Section 17 amended
(1) Section 17 is amended by inserting before "Where" the
subsection designation "(1)".
(2) At the end of section 17 the following subsection is inserted --
10 "
(2) For the purposes of subsection (1), a partner who
commits a wrongful act or omission as a director of a
corporation, as defined in section 9 of the Corporations
Act 2001 of the Commonwealth, is not to be taken to
15 be acting in the ordinary course of the business of the
firm or with the authority of the partner's copartners
only because of any one or more of the following --
(a) the partner obtained the agreement or authority
of the partner's copartners, or some of them, to
20 be appointed or to act as a director of the
corporation;
(b) remuneration that the partner receives for
acting as a director of the corporation forms
part of the income of the firm;
25 (c) any copartner is also a director of that or any
other corporation;
(d) the firm acts for the corporation.
".
page 2
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