Section 34: Duty of good faith
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.
34. Duty of good faith
(1) A general partner shall, in relation to any matter affecting the limited
partnership, act in good faith towards—
(a) the partnership; and
(b) each of the partners.
(2) Any property of a limited partnership, other than a limited partnership
having legal personality, which is—
(a) transferred to, vested in or held on behalf of any general partner; or
(b) transferred to or vested in the name of the limited partnership,
shall be held or deemed to be held by the general partner, or if more than
one, by the general partners jointly, as an asset of the limited partnership in
accordance with the terms of the partnership agreement.
(3) A general partner shall not use or deal with any property of a limited
partnership for his own profit or for any purpose not connected with the limited partnership, except as otherwise provided in the partnership agreement.