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PARTNERSHIP ACT 1892 - SECT 26
Retirement from partnership at will
26 Retirement from partnership at will
(1) Where no fixed term has been agreed upon for the duration of the
partnership, any partner may determine the partnership at any time on giving
notice of the partner's intention so to do to all the other partners.
(2)
Where the partnership has originally been constituted by deed, a notice signed
by the partner giving it, shall be sufficient for this purpose.
(3) This
section does not apply to or in respect of a limited partnership or
incorporated limited partnership.
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