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Limited Partnerships Act 2008
General
Partners in limited partnership
22: When person becomes limited partner

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of fees used to recover costs of other Companies Office registers, etc 117Part 2 of Partnership Act 1908 repealed 118Orders revoked 119Companies Act 1993 amended 120Privacy Act 1993 amended 121Other consequential amendments 122Transitional provision for special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

22: When person becomes limited partner

You could also call this:

"How you officially become a limited partner in a business"

Illustration for Limited Partnerships Act 2008

You become a limited partner of a limited partnership when your name is entered in the register of limited partnerships as a limited partner. This is how you officially become a part of the limited partnership. Your name must be in the register to be considered a limited partner.

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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=DLM1139163.

Topics:

Business > Starting a business

21: When person becomes general partner, or

"How you officially become a general partner in a business"

23: Restriction on limited partner as party to limited partnership proceeding, or

"Rules about limited partners being part of a court case involving their partnership"

Part 2General
Partners in limited partnership

22When person becomes limited partner

A person becomes a limited partner of a limited partnership when that person’s name is entered in the register of limited partnerships as a limited partner of the limited partnership.