New South Wales Consolidated Acts

PARTNERSHIP ACT 1892 - SECT 54

54 Application for registration

(1) An application for registration of a limited partnership or incorporated limited partnership is made by lodging with the Registrar in accordance with this Part a statement signed--

(a) if the application is made by a partnership (including an external partnership)--either by each partner in the partnership or by a person given authority to make such an application on behalf of the partnership and the partners in it, or

(b) in any other case--by each proposed partner.

(2) The statement must be made in the form approved by the Registrar and must--

(a) contain a statement of whether the partnership is to be registered as a limited partnership or an incorporated limited partnership, and

(b) in the case of an application by a partnership (including an external partnership), contain particulars of--

(i) the firm-name of the partnership, and

(ii) the full address of the office or principal office in New South Wales of the partnership (to be called the
"registered office" of the proposed partnership), and

(c) in the case of an application by persons or partnerships (including external partnerships) proposing to be the partners in the proposed partnership, contain particulars of--

(i) the proposed firm-name of the proposed partnership, and

(ii) the full address of the proposed office or principal office in New South Wales of the proposed partnership (to be called the
"registered office" of the partnership), and

(d) contain particulars of the full name of each partner or proposed partner or, if the partner or proposed partner is a partnership (including an external partnership), the name of that partnership or, if that partnership does not have a name, the full name of each partner in the partnership, and

(e) in the case of an application by a partnership, contain particulars of its registered office or principal office, and in any other case, contain particulars of the full address of each partner or proposed partner, being (in the case of an individual) his or her principal place of residence or (in the case of a corporation or partnership) its registered office or principal place of business, and

(f) contain a statement in relation to each partner or proposed partner that is an individual as to whether that partner or proposed partner is, or is proposed to be, a general partner or a limited partner, and

(g) contain a statement in relation to each partner or proposed partner that is a corporation or a partnership that is, or is proposed to be, a partner a statement in relation to the corporation or partnership as to whether it is to be a general partner or a limited partner, and

(h) contain a statement in relation to each partner or proposed partner that is a partnership to the effect that the partner or proposed partner is a partnership, and

(i) in the case of an application for a limited partnership--contain a statement in relation to each limited partner to the effect that the partner is a limited partner whose liability to contribute is limited to the extent of the amount specified in the statement (being the amount of any capital, or the value of any property, that the limited partner has agreed to contribute to the partnership or, in the case of a limited partner that is a partnership, the aggregate amounts or values), and

(j) in the case of an application by a partnership or persons or partnerships proposing to be partners in a partnership that intends to apply for registration as a VCLP, AFOF or ESVCLP under Part 2 of the Venture Capital Act 2002 of the Commonwealth, contain a statement that it so intends to apply, and

(k) in the case of an application by a partnership that is registered as a VCLP, AFOF or ESVCLP under Part 2 of the Venture Capital Act 2002 of the Commonwealth, be accompanied by a copy of a document evidencing its status as a VCLP, AFOF or ESVCLP, and

(l) in the case of an application by a partnership or proposed persons or partnerships proposing to be a partnership that intends to meet the requirements for recognition as a venture capital management partnership set out in section 94D (3) of the Income Tax Assessment Act 1936 of the Commonwealth, contain a statement that it so intends to meet those requirements, and

(m) in the case of an application by a partnership that is a venture capital management partnership within the meaning of section 94D (3) of the Income Tax Assessment Act 1936 of the Commonwealth, a statement that it is such a partnership, and

(n) contain such other particulars as are required by the regulations or by the approved form of statement.