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Limited Partnerships Act 2008
General
Nature of limited partnership
11: Limited partnership is separate legal person

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of fees used to recover costs of other Companies Office registers, etc 117Part 2 of Partnership Act 1908 repealed 118Orders revoked 119Companies Act 1993 amended 120Privacy Act 1993 amended 121Other consequential amendments 122Transitional provision for special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

11: Limited partnership is separate legal person

You could also call this:

"A limited partnership is like a separate person with its own rights and responsibilities."

Illustration for Limited Partnerships Act 2008

A limited partnership is like a person in the eyes of the law. You can think of it as a separate individual that can do things on its own. This means it has its own rights and responsibilities, just like you do.

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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=DLM1139143.

Topics:

Business > Starting a business

10: Contents of partnership agreement, or

"What a partnership agreement must include"

12: Capacity and powers, or

"What a limited partnership can and can't do"

Part 2General
Nature of limited partnership

11Limited partnership is separate legal person

A limited partnership is a separate legal person.