Bankruptcy Act 1966

PART IA - INTERPRETATION  

SECTION 5D  

5D   ASSOCIATED ENTITIES: PARTNERSHIPS  
For the purposes of this Act, a partnership is associated with a person if, and only if, the person:


(a) is a partner in the partnership;


(b) is able to control, or to influence materially, the partnership ' s activities or internal affairs;


(c) is financially interested in the partnership ' s success or failure or apparent success or failure;


(d) is a creditor of the partnership;


(e) is employed, or is engaged under a contract for services, by the partnership;


(f) acts as agent for the partnership in any transaction or dealing; or


(g) gives professional advice to the partnership.


 

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