Financial reporting, dissolution of partnership, and other miscellaneous provisions - End of partnership - Dissolving a partnership
82: Rules for distributing assets on final settlement of accounts
You could also call this:
"How to share things when a business team breaks up"
When a partnership ends, there are rules for how to divide up the things the partners own together. These rules are found in sections 83 and 84 of the law. You use these rules when you're sorting out the final money and property matters between the partners.
However, it's important to know that the partners can make their own agreement about how to divide things up. If they do this, their agreement will be followed instead of the rules in sections 83 and 84.
So, when a partnership is ending, you first check if the partners have made their own agreement about dividing things up. If they haven't, then you use the rules in sections 83 and 84 to figure out how to share everything fairly.