Liability for conduct, acts or omissions outside the ACT
73 Liability for conduct, acts or omissions outside the ACT
A limited partner in an incorporated limited partnership may only be liable for a liability incurred by the partnership because of either of the following in circumstances where the limited partner would be liable if the conduct or acts happened in the ACT:
the conduct of the partnership’s business outside the ACT;
acts outside the ACT of a general partner, a limited partner, the partnership or any officer, employee or agent of a general partner or the partnership.
Note Section 68 (2) and (3) imposes liability in certain circumstances on a limited partner who takes part in the management of the business of the incorporated limited partnership.
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