30Duty of partner not to compete with firm

#### 30 Duty of partner not to compete with firm 30 Duty of partner not to compete with firm > > (1) If a partner, without the consent of the other partners, carries on any business of the same nature as and competing with that of the firm, the partner must account for and pay over to the firm all profits made by the partner in that business. > > > (2) This section does not apply to or in respect of an incorporated limited partnership. > > **s 30:** Am 1994 No 32, Sch 3; 2004 No 8, Sch 1 \[47\].