1923_LIMITED_PARTNERSHIPS_ORDINANCE__1912 — Page 3

LIMITED PARTNERSHIPS.

No. 18 of 1912.

2193

(b) a limited partner may, with the consent of the general partners, assign his share in the partnership, and upon such an assignment the assignee shall become a limited partner with all the rights of the assignor ;

(e) the other partners shall not be entitled to dissolve the partnership by reason of any limited partner suffering his share to be charged for his separate debt;

(7) a person may be introduced as a partner without the consent of the existing limited partners;

fe a limited partner shall not be entitled to dissolve the partnership by notice.

private partnership

6. Subject to the provisions of this Ordinance, the Part- Law as to nership Ordinance, 1897, and rules of equity and of common priv law applicable to partnerships, except so far as they are to inconsistent with the express provisions of the last-mentioned subject to this Ordinance, shall apply to limited partnerships.

Ordinance. 7 Edw. 7, c. 24, s. 7. Ordinance

No. 1 of 1897.

of registra-

7. The registration of a limited partnership shall be Manner and effected by sending by registered post or delivering to the particulars Registrar of Companies a statement sigued by the partners tion. containing the following particulars:

(a) the firm name;

7 Edw. 7.

r. 24, ». 8.

(b) the general nature of the business;

(c) the principal place of business;

(d) the full name of each of the partners;

(c) the term, if any, for which the partnership is entered into, and the date of its commencement ;

() a statement that the partnership is limited, and the description of every limited partner as such;

(g) the sum contributed by each limited partner, and whether paid in cash or how otherwise.

8. (1) If during the continuance of a limited partnership Registration any change is made or occurs in-

(a) the firm name,

(b) the general nature of the business,

of changes in partnerships. 7 Edw. 7,

c. 24, s. 9.

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