Section 13: Partnership agreement
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.
13. Partnership agreement
(1) Every limited partnership shall have a partnership agreement.
(2) The partnership agreement shall be binding upon the partners and
their assignees, and upon subsequent partners in the same manner as if
those persons had themselves executed it.
(3) (a) Subject to this Act and any formalities required by the partnership
agreement, a partnership agreement may be amended by an instrument in
writing.
(b) Where the partnership agreement does not provide for its amendment, it may be amended by the unanimous agreement of all partners stated in
an instrument in writing.
(4) Any amendment made to a partnership agreement in accordance with
subsection (3) shall be binding upon all existing partners and their assignees.
(5) A partnership agreement may, to the extent specified in such agreement, provide rights to any person, including a person who is not a party to
the partnership agreement.
Sub-Part B – Liability of Partnership