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Limited Partnerships Act 2008
General
Nature of limited partnership
7: Formation and duration of limited partnership

Part 1:
Preliminary provisions

3Purpose of Act 4Interpretation 5Act binds the Crown

Part 2:
General

Part 3:
Overseas limited partnerships

104Overseas limited partnership must register 105Meaning of carrying on business 106Validity of transactions not affected 107Application for registration 108Registration of overseas limited partnership 109Use of name by overseas limited partnership 110Notification of changes relating to overseas limited partnership 111Rectification or correction of name or address of person authorised to accept service 112Annual return of overseas limited partnership 113Overseas limited partnership ceasing to carry on business in New Zealand 114Liquidation of overseas limited partnership

Part 4:
Miscellaneous

115Confidentiality of limited partner information 116Regulations 116AValidation of fees used to recover costs of other Companies Office registers, etc 117Part 2 of Partnership Act 1908 repealed 118Orders revoked 119Companies Act 1993 amended 120Privacy Act 1993 amended 121Other consequential amendments 122Transitional provision for special partnerships

Schedule 1:
Activities that do not constitute taking part in management of limited partnership

Schedule 2:
Information to be contained in annual return

Limited Partnerships Act 2008

General - Nature of limited partnership

7: Formation and duration of limited partnership

You could also call this:

"How a limited partnership is created and ends"

Illustration for Limited Partnerships Act 2008

A limited partnership is formed when it is registered and it exists until it is deregistered. You can find out more about deregistration in section 97. When a limited partnership is deregistered, it no longer exists.

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This page was last updated on 30 August 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1139139.

Topics:

Business > Starting a business

6: What is limited partnership, or

"What is a limited partnership and how to set one up"

8: Requirements for limited partnership, or

"Rules for starting a limited partnership in New Zealand"

Part 2General
Nature of limited partnership

7Formation and duration of limited partnership

A limited partnership is formed only on its registration and continues in existence until it is deregistered (see section 97).