27Interests in partnership agreements

27 Interests in partnership agreements

Section 169 of the Companies (Tasmania) Code does not apply to or in relation to an issue to the public of an interest, an offer to the public for purchase of an interest, or an invitation to the public to purchase an interest, that –

(a) is an interest in a partnership agreement; and

(b) was subscribed for or first purchased before 1st January 1963.