Nature of Partnership

Definition of partnership.
1
1
Partnership is the relation which subsists between persons carrying on a business in common with a view of profit.
2
But the relation between members of any company or association which is—
a
registered under the Companies Act 2006, or
b
Formed or incorporated by or in pursuance of any other Act of Parliament or letters patent, or Royal Charter; . . .
. . .
is not a partnership within the meaning of this Act.
S. 1(2): the word "or" and subsection (c) repealed (19.11.1998) by 1998 c. 43, s. 1(1), Sch. 1 Pt. X Group 1
S. 1(2)(a) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 2 (with art. 10)