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PARTNERSHIP ACT 1890 - SECT 29

Accountability of partners for private profits.

29.(1) Every partner must account to the firm for any benefit derived by him
without the consent of the other partners from any transaction concerning the
partnership, or from any use by him of the partnership property name or
business connexion.

(2) This section applies also to transactions undertaken after a partnership
has been dissolved by the death of a partner, and before the affairs thereof
have been completely wound up, either by any surviving partner or by the
representatives of the deceased partner.


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© 1890 Crown Copyright

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