Section 17: Assignment of partnership interest
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.
17. Assignment of partnership interest
(1) Unless otherwise provided in the partnership agreement, a partner
may assign, absolutely or by way of pledge or otherwise, the whole or any
part of his or its partnership interest.
(2) An assignee shall, to the extent of the assignment made under
subsection (1), be entitled to the rights and subject to the obligations of the
assignor in accordance with the partnership agreement and this Act in
respect of the partnership interest assigned.
(3) An assignment made under subsection (1) shall not by itself—
(a) cause the partner to cease being a partner of the limited liability
partnership; and
(b) entitle the assignee to interfere in the management of the limited
liability partnership.
PART IV – NAME AND REGISTRATION