Limited Partnerships Act 2016

An incorporated limited partnership must have —

at least one general partner; and

at least one limited partner.

An incorporated limited partnership may have any number of limited partners.

An incorporated limited partnership must not have more than 20 general partners.

A person may be a general partner or a limited partner in an incorporated limited partnership.

For the purposes of subsection (3), if a general partner is a partnership (including an external partnership), the general partner is to be counted as follows —

if, under the law of the place where the partnership is formed, no partner in the partnership has limited liability for the liabilities of the partnership — each partner in the partnership is to be counted in place of the general partner;

if, under the law of the place where the partnership is formed, any partner in the partnership has limited liability for the liabilities of the partnership — each partner in the partnership whose liability is not so limited is to be counted in place of the general partner.