Partnership Act 1890

1 Definition of partnership.U.K.

(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—

[F1(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; F2. . .

F2. . .

is not a partnership within the meaning of this Act.

Textual Amendments

F2S. 1(2): the word "or" and subsection (c) repealed (19.11.1998) by 1998 c. 43, s. 1(1), Sch. 1 Pt.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