Partnerships Act

17. Partnership bound by acts of partners carrying on business in usual manner.

Edition: 2022-12-31 · In force

(1)A partnership is bound by an act done by a partner who is carrying on the business of the partnership.

(2)A partnership is not bound by an act or omission of a partner under subsection (1) if—

(a)the partner has no authority to act on behalf of the partnership; and

(b)the person with whom the partner is dealing—

(i)has notice that the partner does not have authority to act on behalf of the partnership; or

(ii)does not know that the partner is a partner in the partnership or does not believe that the partner is a partner in the partnership.