Partnership Act 1892 Partnership Amendment (Quebec Corresponding Law) Regulation 1999 (1999-536) [GG No 114 of 1.10.1999, p 9620] (NSW)

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1999 No 536

Partnership Amendment (Quebec New South Wales

Corresponding Law) Regulation 1999

under the

Partnership Act 1892

His Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Partnership Act 1892.

JEFFREY SHAW, Q.C., M.L.C.,

Attorney General

Explanatory note

The Partnership Act 1892 provides that a law of another country limiting the liability of partnerships may be declared by the regulations to be a “corresponding law” for the purposes of the Act. If such a declaration is made, any limitation under that law on the liability of certain partners extends to an debt or obligation incurred in connection with conduct of the partnership's business in New South Wales. The object of this Regulation is to declare the laws relating to limited partnerships in force in the Canadian Province of Quebec to be corresponding laws for the purposes of Part 3 of the Act.

This Regulation is made under the Partnership Act 1892, including sections 64 and

81 (the general regulation-making power).

Published in Gazette No 114 of 1 October 1999, page 9620 Page 1
[4]
1999 No 536
Clause 1 Partnership Amendment (Quebec Corresponding Law) Regulation 1999

Partnership Amendment (Quebec Corresponding
Law) Regulation 1999

1     Name of Regulation

This Regulation is the Partnership Amendment (Quebec
Corresponding Law) Regulation 1999.

2 Amendment of Partnership Regulation 1997

The Partnership Regulation 1997 is amended as set out in Schedule

1.

3 Notes

The explanatory note does not form part of this Regulation.

Page 2

1999 No 536

Partnership Amendment (Quebec Corresponding Law) Regulation 1999

Amendments Schedule 1
Schedule 1 Amendments

(Clause 2)

[1]     Clause 7 Declaration of limited partnership corresponding laws

Insert “Part 1 of” before “Schedule 1”.

[2]     Clause 7

Insert at the end of clause 7:

(2) The laws relating to limited partnerships in force in the jurisdictions of Canada specified in Part 2 of Schedule 1 are declared to be corresponding laws for the purposes of Part 3 of the Act.

[3]     Schedule 1 Specified jurisdictions of United States of America

Omit “of United States of America” from the heading to Schedule 1.

[4]     Schedule 1

Insert after the heading to Schedule 1:

Part 1 Specified jurisdictions of United States of

America

[5]     Schedule 1

Insert at the end of Schedule 1:

Part 2 Specified jurisdictions of Canada

Quebec

BY AUTHORITY

Page 3

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