Limited Partnerships Act 2008

Miscellaneous

122: Transitional provision for special partnerships

You could also call this:

"Rules for special partnerships that already existed when the law changed"

Illustration for Limited Partnerships Act 2008

When a special partnership already exists, you need to follow the rules in Part 2 of the Partnerships Act 1908. This is even though Part 2 is no longer a law. You cannot renew a special partnership under section 57 of the Partnerships Act 1908.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1139297.


Previous

121: Other consequential amendments, or

"Changes to other laws to include limited partnerships"


Next

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

"Things you can do in a limited partnership without being in charge"

Part 4Miscellaneous

122Transitional provision for special partnerships

  1. Part 2 of the Partnerships Act 1908 continues to apply to a special partnership in existence on the commencement of this Act as if that Part had not been repealed, except that a special partnership must not be renewed under section 57 of that Part.