Duty of partner not to compete with firm

In force

(1)

If a partner without the consent of the other partners, carries on any business of the same nature as and competing with that of the firm, the partner must account for and pay over to the firm all profits made by the partner in that business.

(2)

This section does not apply to or in respect of an incorporated limited partnership.

Research tools for this sectionSubscription

Cited by Analyse Interrogate History Equivalents

The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.

30 Duty of partner not to compete with firm