87Assumptions

87 Assumptions (1) This section has effect for the dealings referred to in section 86(1). (2) The partnership agreement may be assumed to have been complied with in relation to the dealings.

Part 3 Incorporated limited partnerships Division 5 Other matters Partnership Act 1997 44 (3) If a person appears to be a general partner in the partnership on the basis of information provided by the person that is registered information, the person may be assumed: (a) to be a general partner in the partnership; and (b) to have the authority to exercise the powers and perform the functions conferred on a general partner. (4) If a person is held out by the partnership to be a general partner in, or an agent of, the partnership, the person may be assumed: (a) to be a general partner in, or an agent of, the partnership (as the case may be); and (b) to have the authority to exercise the powers and perform the functions usually conferred on the general partner or agent. (5) The general partners in, or agents of, the partnership may be assumed to be properly exercising their powers and performing their functions. (6) A document may be assumed to have been properly executed by the partnership if its execution appears to have complied with section 85. (7) If a general partner in, or an agent of, the partnership has the authority to issue a document or a certified copy of a document for the partnership, the general partner or agent may be assumed to have the authority to warrant that it is genuine or a true copy (as the case may be).