Limited Partnerships Act 2008

General - Voluntary administration

100: Part 15A of Companies Act 1993 applies to limited partnership

You could also call this:

"Limited partnerships must follow some company rules, with a few word changes to make them fit."

Illustration for Limited Partnerships Act 2008

When you are looking at a limited partnership, you need to consider the rules in Part 15A of the Companies Act 1993. You apply these rules to a limited partnership by swapping some words around. You replace the word "company" with "limited partnership".

You also replace other words to make the rules fit a limited partnership. You replace "director" with "general partner", and "shareholder" with "partner". You replace "the board" with "the general partners" to make the rules work for a limited partnership.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1139265.


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Part 2General
Voluntary administration

100Part 15A of Companies Act 1993 applies to limited partnership

  1. Part 15A of the Companies Act 1993 applies, with all necessary modifications, to a limited partnership as if references to—

  2. a company were references to a limited partnership:
    1. a director were references to a general partner:
      1. a shareholder were references to a partner:
        1. the board were references to the general partners.