Western Australian Current Acts

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PARTNERSHIP ACT 1895 Partnership Act 1895


TABLE OF PROVISIONS

           Long Title

   PART IA -- Preliminary  

   1.      Short title
            
   2.      Commencement
            
   3.      Terms used in this Act
            
   4.      Application of Act
            
   6.      Present law to continue except as modified

   PART I -- Nature of partnership  

   7.      Meaning of “partnership”
            
   8.      Rules to apply in determining partnership
            
   9.      Seller of business to be deferred to other creditors for value
            
   10.     Meanings of “firm” and “firm-name”
            
   11.     Number of persons in firm
            
   12.     Choice of firm-name

   PART II -- Relations of partners to persons dealing with them  

   13.     Partners bound by acts of firm
            
   14.     Partner using credit of firm for private purposes
            
   15.     Effect of notice that firm will not be bound by act of partner
            
   16.     Liability of partners
            
   17.     Liability of firm for wrongs
            
   18.     Misapplication of money or property
            
   19.     Liability for wrongs, joint and several
            
   20.     Improper employment of trust property
            
   21.     Persons liable by “holding out”
            
   22.     Admissions and representations by partners
            
   23.     Notice to acting partner to be notice to firm
            
   24.     Liabilities of incoming and outgoing partners
            
   25.     Revocation of continuing guaranty
            
   26.     Special powers of partners
            
   27.     Special powers of partners in certain firms
            
   28.     Enforcing judgments against partners and partnerships

   PART III -- Relations of partners to one another  

   29.     Terms of partnership may be varied by consent
            
   30.     Meaning of “partnership property”
            
   31.     Property bought with partnership money
            
   32.     Conversion of real into personal estate
            
   33.     Meaning of “partner’s share”
            
   34.     Rules as to interests, rights and duties of partners
            
   35.     Expulsion of partner
            
   36.     Retirement of partner where fixed term
            
   37.     Retirement from partnership at will
            
   38.     Where partnership continued after expiration of term
            
   39.     Partners to render accounts
            
   40.     Partners must account for all benefits derived
            
   41.     Partner must not compete with firm
            
   42.     Effect of assignment of partner’s share

   PART IV -- Dissolution of partnership and its consequences  

   43.     Dissolution by expiration of notice
            
   44.     Dissolution by death, bankruptcy, assignment or charge
            
   45.     Dissolution by illegality of partnership
            
   46.     Dissolution by court
            
   47.     Rights of creditors against apparent members of firm
            
   48.     Partner may notify of dissolution
            
   49.     Authority for purposes of winding up
            
   50.     Application of partnership property
            
   51.     Sale of goodwill on dissolution
            
   52.     Use of firm-name may be restrained
            
   53.     Provision where premium paid
            
   54.     Lien on assets where partnership dissolved for fraud
            
   55.     Right of outgoing partner in certain cases to share profits made after dissolution
            
   56.     Retaining of deceased partner’s share to be a debt
            
   57.     Rules for distribution of assets on final settlement of accounts
           Defined terms
           

        [Heading inserted by No. 19 of 2010 s. 44(2).]

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