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Partnership Act 1997
36Dissolution by expiration or notice
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36 Dissolution by expiration or notice
(1) Subject to an agreement between the partners, a partnership is
dissolved:
(a) if entered into for a fixed term, by the expiration of the term;
(b) if entered into for a single venture or undertaking, by the
termination of the venture or undertaking; or
(c) if entered into for an undefined time, by a partner giving notice
to the other partner or partners of his or her intention to
dissolve the partnership.
(2) In subsection (1)(c), the partnership is dissolved from the date
mentioned in the notice as the date of dissolution or, if no date is
mentioned, from the date notice is given.