s 6
In forceMeaning of partnership
Part 2Nature of partnership
6 Meaning of partnership
(1)
Partnership is the relation between people carrying on a business in common with a view of profit, and includes an incorporated limited partnership.
Note Partnership includes an external partnership in some stated provisions in part 6 (Incorporated limited partnerships).
(2)
The relation between members of a corporation (other than an incorporated limited partnership), whether formed or incorporated in or outside the ACT, is not a partnership under this Act.
Research tools for this sectionPro
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.