Partnership Law Act 2019

Relationship of partners to third persons and to each other - Relationship of partners to one another

48: Partner may manage business

You could also call this:

"Partners can help run the business together"

If you're part of a partnership, you can be involved in running the business. This means you have the right to help make decisions and manage how the partnership operates. You don't have to sit back and let others do all the work - you can actively participate in managing the business affairs of your 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=LMS206048.


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"Partners can earn interest on extra money they put into the business"


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49: Partner not entitled to remuneration, or

"Partners don't get paid extra for their work in the business"

Part 3Relationship of partners to third persons and to each other
Relationship of partners to one another

48Partner may manage business

  1. Every partner may take part in the management of the partnership business.

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