Partnership Act 1997
27Procedure against partnership property for partner's separate
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27 Procedure against partnership property for partner's separate judgment debt (1) A writ of execution may not issue against partnership property except on a judgment against the firm. (2) The Supreme Court may, on the application of a judgment creditor of a partner, make an order charging the partner's interest in the partnership property and profits with payment of the amount of the judgment debt and interest, and may, by the same or a subsequent order, appoint a receiver of the partner's share of profits (whether already declared or accruing) and of any other money that may be coming to the partner in respect of the partnership, and direct all accounts and inquiries and give all other orders and directions that might have been directed or given if the charge had been made in favour of the judgment creditor by the partner, or which the circumstances of the case may require. (3) The other partner or partners may, at any time, redeem the interest charged or, in case of a sale being directed, purchase the property directed to be sold. (4) Subsections (2) and (3) do not apply to an incorporated limited partnership.
Part 2 Partnerships generally Division 3 Relationship between partners Partnership Act 1997 15