‹ 21 Governing Law of Netting Agreements Enactment Notice › Partnership Regulations 2007 QFC Reg No 13 – QFC Partnership Regulations Enactment Notice Part 1: Application, Commencement and Interpretation Article 1 - Citation Article 2 - Application Article 3 - Commencement Article 4 - Language Article 5 - Interpretation Article 6 - Power of QFC Authority and QFC Regulatory Authority to make rules Part 2: Introductory Provisions Article 7 - Meaning of Partnership Agreement and Partnership Article 8 - Whether or not persons are carrying on a Business together Article 9 - General and Limited Partnerships Article 10 - Bodies excluded from scope of these Regulations Article 11 - Partnership Agreements Article 12 - Default Partnership rules Part 3: Provisions Relating to Partnerships in General Article 13 - The carrying on of the Partnership Business Article 14 - Overriding duty of good faith Article 15 - Duties of disclosure on forming or joining Partnership Article 16 - Partner's share of Profits and Losses Article 17 - Remuneration, expenses, personal liabilities etc Article 18 - Capital contribution etc. by Partner Article 19 - Management etc, of Partnership Business and affairs Article 20 - Accounting and Partnership Records Article 21 - Partnership bound by acts of Partners carrying on Business in usual way Article 22 - Partnership Property Article 23 - Vicarious Liability of Partnership for loss or injury caused by Partner Article 24 - Unlimited Liability of Partners Article 25 - Partner's secondary Liability: supplementary Article 26 - Non-Partners who are liable by "holding out"n Article 27 - Liability of former Partner for obligations incurred while a Partner Article 28 - Restrictions on Liability of former Partners or employees by "holding out" Article 29 - Disclosure of Names and Addresses of Partners Article 30 - Position of assignees etc. of Partner's share Article 31 - Events which break up a Partnership Article 32 - Effects of break up Article 33 - Publicity for departure of Partner or break up of Partnership Article 34 - Winding up by Partners Article 35 - Distribution of Partnership's assets on winding up Article 36 - POptional Registration of a General Partnership Part 4: Limited Partnerships Article 37 - Limited and General Partners Article 38 - Restricted role of Limited Partner Article 39 - Permitted activities for Limited Partners Article 40 - Limited Liability of Limited Partner Article 41 - Limited Partner who has unlimited Liability Article 42 - General application of Regulations to Limited Partnerships Article 43 - Rights and duties of the Partners etc Article 44 - Change in Partners Article 45 - Break up and winding up of Limited Partnership Part 5: Incorporation and Registration of Limited Partnerships Article 46 - Incorporation of a Limited Partnership Article 47 - Registration Article 48 - Registration of membership changes Article 49 - Notices under Article 48 Article 50 - Situation of registered office Article 51 - Change of registered office Article 52 - Registration of Name Article 53 - Change of Name Article 54 - Effect of change of Name Article 55 - Power to require change of Name Article 56 - Improper use of "Limited Partnership" Article 57 - Similarity of Names Article 58 - Name to appear outside place of Business Article 59 - Disclosures required of a Limited Partnership in the use of its Name Part 6: Limited Partnerships: Annual Return Article 60 - Duty to deliver annual returns Article 61 - Contents of annual return Part 7: Limited Partnerships: Accounting and Audit Requirements Article 62 - Maintenance of accounting Records Article 63 - Financial year of a Limited Partnership Article 64 - Limited Partnership accounts Article 65 - Provision of copy of accounts to Partners Article 66 - Publication of accounts Article 67 - Qualification of auditor Article 68 - Appointment and removal of auditor Article 69 - Remuneration of auditor Article 70 - Resignation of auditor Article 71 - Auditor's report to the members Article 72 - Powers and duties of auditor Article 73 - Auditor's right to information Article 74 - Obstruction of auditor Part 8: Branches Article 75 - Requirement for registered Branch Article 76 - Application to establish a Branch Article 77 - Acceptance or refusal of application to register a Branch Article 78 - Prohibition of Branch with an undesirable Name Article 79 - Principal Representatives Article 80 - Register of Branches Article 81 - Records to be kept by Branches Article 82 - Letterheads Article 83 - Name to appear outside place of Business Article 84 - Financial penalties Part 9: Contraventions Article 85 - General contraventions Article 86 - Involvement in contraventions Article 87 - Imposition of financial penalties Part 10: Other Powers of the CRO Article 88 - Direction to the Partnership to comply with these Regulations Article 89 - Dissolution of Partnership Part 11: Application to the Tribunal Article 90 - Orders for compensation Article 91 - Minority member protection: unfair prejudice Article 92 - Order for benefit of former Partner Part 12: Insolvency Provisions Article 93 - Application of QFC Insolvency Regulations Part 13: Interpretation and Definitions Article 94 - Interpretation Article 95 - Definitions Schedule 1: Contraventions with Financial Penalties Stipulated ‹ 21 Governing Law of Netting Agreements Enactment Notice ›