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Home/Legislation/Partnership Act 1997/25

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Partnership Act 1997

25Property bought with partnership money

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25 Property bought with partnership money Unless the contrary intention appears, property bought with money belonging to a firm is to be taken to have been bought on account of the firm.

Previous section24Partnership property Next section26Personal estate held as partnership property

Section 25 - Partnership Act 1997 - Property bought with partnership money — Zoe