(1) A Limited Partnership is a Partnership comprising at least one General Partner and at least one Limited Partner, as set out in Article 36.

(2) A General Partnership is a Partnership which is not a Limited Partnership.

(3) For the avoidance of doubt provisions in these Regulations relating to Partnerships apply to both General Partnerships and Limited Partnerships unless the context demands otherwise and provisions relating to Partners apply to both General Partners and Limited Partners unless the context demands otherwise.