Notice to acting partner is notice to firm
20 Notice to acting partner is notice to firm
Notice to a partner in a firm other than an incorporated limited partnership about the firm's affairs is taken to be notice to the firm if:
the partner ordinarily acts in the firm's business; and
the notice does not relate to a fraud on the firm committed by or with the consent of the partner.
Notice to a general partner in an incorporated limited partnership about the partnership's affairs is taken to be notice to the partnership if:
the general partner ordinarily acts in the partnership's business; and
the notice does not relate to a fraud on the partnership committed by or with the consent of the general partner.
This Act’s bill:Second reading speech
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