THE CORPORATIONS LAW

CHAPTER 1 - INTRODUCTORY

PART 1.2 - INTERPRETATION

Division 7 - Interpretation of other expressions

SECTION 53AC   BUSINESS AFFAIRS OF A PARTNERSHIP  

53AC    A partnership's business affairs include (without limitation):

(a)  the partnership's promotion, formation, membership, control, examinable operations and examinable assets and liabilities; and

(b)  the partnership's management and proceedings; and

(c)  any act done (including any contract made and any transaction entered into) by or on behalf of the partnership, or to or in relation to the partnership, at a time when the partnership is being wound up; and

(d)  matters concerned with ascertaining the corporations with which the partnership is or has been connected.




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