This law explains what is not considered a partnership. You should know that if you are a shareholder or member of certain types of organisations, your relationship with other shareholders or members is not a partnership under this law.

These organisations include companies registered under the Companies Act 1993, limited partnerships registered under the Limited Partnerships Act 2008, associations registered as corporate bodies under any Act, and any body corporate or association formed or incorporated by an Act, letters patent, or Royal Charter.

This means that even if you own shares in a company or are a member of one of these organisations, you are not automatically in a partnership with the other owners or members. The law treats these relationships differently from partnerships.