Section 332: Right of personal creditors of partners
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
332. Right of personal creditors of partners
(1) The personal estate of every partner of a partnership shall accrue and
be paid to the personal creditors of that partner, and the creditors of the
partnership shall not receive any dividend out of the separate estate of that
partner, until all the creditors of the latter have received the full amount of
their respective debts.
(2) The joint estate of the partnership shall be applicable in the first instance in payment of their joint debts, and the separate estate of each partner shall be applicable in the first instance in payment of his separate debts.
(3) Where there is a surplus of the separate estates, it shall be dealt with
as part of the respective separate estates in proportion to the right and interest of each partner in the joint estate.
(4) Where there is a surplus of the joint estate, it shall be dealt with as
part of the respective separate estates in proportion to the right and interest
of each partner in the joint estate.
(5) For the purposes of this section, the respective estates of the partnership and of each partner shall be administered together by the Official
Receiver (the joint estate), but separate accounts shall be kept by the Official
Receiver in relation to each estate.