NTIn ForceAct
Partnership Act 1997
44Apportionment of premium where partnership prematurely
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44 Apportionment of premium where partnership prematurely
dissolved
Where one partner has paid a premium to another on entering into
a partnership for a fixed term and the partnership is dissolved
before the expiration of the term, otherwise than by the death of a
partner, the Supreme Court may order the repayment of the
premium or of a part of it as it thinks just, having regard to the terms
of the partnership contract and to the length of time the partnership
has continued, unless: