Partnership Act 1963
6Meaning of partnership
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6 Meaning of partnership (1) Partnership is the relation between people carrying on a business in common with a view of profit, and includes an incorporated limited Note Partnership includes an external partnership in some stated provisions in part 6 (Incorporated limited partnerships). (2) The relation between members of a corporation (other than an incorporated limited partnership), whether formed or incorporated in or outside the ACT, is not a partnership under this Act.