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Partnership Act 1997
30Retirement from partnership
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30 Retirement from partnership
(1) Where a fixed term is not agreed on for the duration of a
partnership, a partner may determine the partnership at any time by
giving notice of his or her intention to do so to the other partners.
(2) Where a partnership was originally constituted by deed, a notice in
writing, signed by the partner giving it, is notice for the purposes of
subsection (1).
(3) This section does not apply to an incorporated limited partnership.