86Entitlement to make assumptions

86 Entitlement to make assumptions (1) A person may make the assumptions in section 87 in relation to: (a) any dealings with an incorporated limited partnership; and (b) any dealings with an entity that has, or purports to have, directly or indirectly acquired property from the partnership. (2) If the person makes the assumption, the partnership or entity may not assert that the assumption is incorrect in a proceeding relating to the dealings. (3) The assumption may be made even if a partner in the partnership, or a representative of the partner, acts fraudulently in relation to the dealings. (4) However, the person may not make the assumption if, at the time of the dealings, the person knew or suspected that the assumption was incorrect.