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\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\b\f0\insrsid2979050\charrsid2979050 PART 1
\par PRELIMINARY
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050\charrsid2979050 
\par 1 Short title
\par 2 Interpretation}{\f0\insrsid2979050 
\par }{\f0\insrsid2979050\charrsid2979050 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\b\f0\insrsid2979050\charrsid2979050 PART 2
\par GENERAL AND SPECIAL PARTNERSHIPS
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050\charrsid2979050 
\par 3 Partnership Act
\par 4 \endash 
\par 5 Formation
\par 6 Special partnerships
\par 7 Penalties
\par 8 Regulations
\par 9 Partnership interests
\par 10 Passive income}{\f0\insrsid2979050 
\par }{\f0\insrsid2979050\charrsid2979050 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\b\f0\insrsid2979050\charrsid2979050 PART 3
\par LIMITED LIABILITY PARTNERSHIPS
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050\charrsid2979050 
\par 11 Appointment of Registrar
\par 12 Application for registration
\par 13 Annual certificates of registration
\par 14 Address for service
\par 15 Display name
\par 16 Liability for debts
\par 17 Power of partner to bind the partnership
\par 18 Jurisdiction
\par 19 No separate legal entity
\par 20 Assignment
\par 21 Secrecy
\par 22 Translations
\par 23 No action to lie against certain persons
\par 24 Power of exemption
\par 25 Prohibitions by the Minister}{\f0\insrsid2979050 
\par 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050 ________________________
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050\charrsid2979050 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\b\f0\insrsid13508886\charrsid2979050 PART 1
\par PRELIMINARY
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050\charrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 1 Short title}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 This is the Partnership Application Act 1994.}{\f0\insrsid13508886 
\par }{\f0\insrsid2979050\charrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 2 Interpretation}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid2979050 "}{\f0\insrsid13508886\charrsid2979050 Deputy Registrar}{\f0\insrsid2979050 "}{\f0\insrsid13508886\charrsid2979050  means a deputy registrar of limited liability}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
partnerships appointed under section 11;
\par }{\f0\insrsid2979050 
\par "}{\f0\insrsid13508886\charrsid2979050 Minister}{\f0\insrsid2979050 "}{\f0\insrsid13508886\charrsid2979050  means the Minister of Justice;}{\f0\insrsid13508886 
\par }{\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid2979050 "}{\f0\insrsid13508886\charrsid2979050 Registrar}{\f0\insrsid2979050 "}{\f0\insrsid13508886\charrsid2979050  means a registrar of limited liability partnerships appointed}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
under section 11.}{\f0\insrsid13508886 
\par }{\f0\insrsid2979050\charrsid2979050 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\b\f0\insrsid13508886\charrsid2979050 PART 2
\par GENERAL AND SPECIAL PARTNERSHIPS
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050\charrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 3 Partnership Act}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (1) [Spent]}{\f0\insrsid13508886 
\par }{\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (2) References in the Partnership Act 1908 to the High Court are to the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 High Court of Niue with respect to a partnership formed in Niue, unless the}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 partners of that partnership unanimously agree that such references are to the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 High Court of New Zealand.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 4 \endash }{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 5 Formation}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 A partnership shall be formed in Niue when the deed or written agreement}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 of partnership constituting that partnership is executed or signed in Niue by all}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 the partners of it or by their duly appointed attorneys.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 6 Special partnerships}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (1) Any partner of a special partnership formed in Niue under Part 2 of}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 the Partnership Act 1908 who would be a general partner solely by virtue of the}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 operation of section 53 of the Partnership Act 1908 shall be deemed to be a special}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
partner notwithstanding that section if the making of any contract by that partner}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 respecting the concerns of the partnership, or the use or consensual use of that}{\f0\insrsid2979050  }{
\f0\insrsid13508886\charrsid2979050 partner\rquote s name in relation to the carrying on of the business of the partnership or}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
any contract connected with it, is directly related to a business principally carried}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 on outside Niue.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (2) Section 57 of the Partnership Act 1908 shall not apply to limit the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 duration of any special partnership formed in Niue under Part 2 of the Partnership}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 Act 1908 to any period.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 7 Penalties}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 Any person who \endash 
\par }{\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (a) Does anything which is forbidden by or under this Act; or}{\f0\insrsid13508886 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050\charrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (b) Omits to do something required or directed by or under this Act; or}{\f0\insrsid13508886 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050\charrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (c) Contravenes or fails to comply with this Act,}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
shall be guilty of an offence and shall be liable on conviction to a fine not exceeding}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 50 penalty units or to imprisonment for a term not exceeding one year or to both.}{\f0\insrsid13508886 

\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050\charrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 8 Regulations}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 Cabinet may make Regulations prescribing all matters and things required}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 or authorised by this Act to be prescribed or which are necessary for carrying out}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 or giving effect to this Act including the prescribing of penalties for breaches of}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
such Regulations not exceeding a fine of 100 penalty units.}{\f0\insrsid13508886 
\par }{\f0\insrsid2979050\charrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 9 Partnership interests}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (1) A partnership (}{\f0\insrsid2979050 "}{\f0\insrsid13508886\charrsid2979050 the first partnership}{\f0\insrsid2979050 "}{\f0\insrsid13508886\charrsid2979050 ) may be a partner in another}{\f0\insrsid2979050  }{
\f0\insrsid13508886\charrsid2979050 partnership (}{\f0\insrsid2979050 "}{\f0\insrsid13508886\charrsid2979050 the second partnership}{\f0\insrsid2979050 "}{\f0\insrsid13508886\charrsid2979050 ) in which case the members of the first}{\f0\insrsid2979050  }{
\f0\insrsid13508886\charrsid2979050 partnership shall become individual members of the second partnership, excepting}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 that for the purposes of determining the rights of the partners of the second}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 partnership inter se and for the purposes of Part III they shall be deemed to be one}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
person. Nothing in this subsection applies to, or prevents, a partner in a partnership}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 creating a sub-partnership in equity of his legal interest as regards either his capital}{\f0\insrsid2979050 
 }{\f0\insrsid13508886\charrsid2979050 or income or both.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (2) A person may assign in equity any legal or equitable interest in}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 partnership capital or income, or both, providing the assignment is in writing and}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 is unconditional.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (3) Subsection (2) shall apply both to present property, being a present}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 right to receive future income and to future property, being the income to be}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 received in the future.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 10 Passive income}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (1) Persons who are jointly in receipt of passive income from any}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 investment and who carry on no business in respect of that investment other than}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 the raising of capital in relation to it, the taking of accounts in respect of it, and the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
contracting for maintenance for it are deemed not to be partners by virtue of such}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 joint receipt.}{\f0\insrsid13508886 
\par }{\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (2) Passive income from any investment shall for the purposes of this}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 section include any income derived from any interest as a beneficiary under a}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 trust, and any income derived from the holding of any income-producing property,}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
providing always that the expenditure referred to in subsection (1) does not in}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 any 3 year period exceed 15 per cent of the total income derived from that interest}{\f0\insrsid2979050  }{
\f0\insrsid13508886\charrsid2979050 or property in that period before taking into account capital costs (and interest on}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 it) with respect to it.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (3) Income-producing property shall for the purposes of this section include}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 any intellectual property rights or now-how which generate income, providing}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 that any services supplied in relation to or in conjunction with the income thereby}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
generated does not in any 3 year period exceed 15 per cent in value of the total}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 income derived from that interest or property in that period.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (4) This section shall not apply to any persons who are jointly in receipt of}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 passive income from any investment and who enter into any deed or written}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 Agreement of Partnership with each other, whose status shall thereafter be}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 determined under the general law.
\par }{\f0\insrsid2979050 
\par }\pard \qc \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\b\f0\insrsid13508886\charrsid2979050 PART 3
\par LIMITED LIABILITY PARTNERSHIPS
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050\charrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 11 Appointment of Registrar}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (1) There shall be appointed by the Niue Public Service Commission on}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 the advice of Cabinet \endash 
\par }{\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (a) A Registrar of limited liability partnerships to carry out the duties}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
and functions vested in him by or under this Act;
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (b) Such Deputy Registrars of limited liability partnerships and other}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
officers as are required for the purposes of this Act.
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (2) Anything by this Act appointed or authorised or required to be done}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 by the Registrar may be done by any such Deputy Registrar and shall be as valid}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 and effectual as if done by the Registrar, and the term Registrar shall for the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 remainder of this Act be deemed to include any Depu
ty Registrar.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (3) All courts, judges, and persons acting judicially shall take judicial notice}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 of the seal and also the signature of the Registrar.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (4) For the purposes of ascertaining whether a limited liability partnership}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 is complying with this Part the Registrar or any person authorised by him may}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 inspect any book, minute book, register or record kept by the limited liability}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 partnership.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (5) Any person appointed under subsection (1) who except for the purposes}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 of this Act or except in the course of criminal proceedings makes a record of,}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 divulges or communicates to any other person any information which he possesses}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 or has acquired \endash 
\par }{\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (a) By reason of his carrying out the duties and functions of his office;}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 or
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (b) By reason of access forwarded or obtained by him to any document}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
or register kept by the Registrar or book, minute book, register or}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 record kept by any limited liability partnership,}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
shall be guilty of an offence and shall be liable on conviction to a fine not exceeding}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 50 penalty units or to a term of imprisonment not exceeding 2 years in respect of}{\f0\insrsid2979050  }{
\f0\insrsid13508886\charrsid2979050 each such offence.}{\f0\insrsid13508886 
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050\charrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 12 Application for registration}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (1) Any partnership formed in Niue that is not a special partnership formed}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 of the Partnership Act 190
8 under Part 2 may apply to the Registrar for registration}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 as a limited liability partnership.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (2) Any application of the kind referred to in subsection (1) shall be on a}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 form prescribed by the Minister and shall be accompanied by the prescribed fee.

\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (3) Every such application shall be signed by all the partners to the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 partnership, and every such application shall specify a partner of the partnership}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 or a duly appointed attorney thereof such that the registered office of the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 partnership shall be the addre
ss in Niue of that partner or duly appointed attorney.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (4) Every such application shall contain a several guarantee from the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 partners in prescribed form to all creditors of the partnership limited to such sum}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 as the partners shall nominate, being not less than $250 in it per partner.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (5) A deed or written Agreement of Partnership shall accompany every}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 such application and shall be stamped by the Registrar with a registration number}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 when the application is accepted in proper form and the prescribed fee is paid.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (6) Upon stamping of the deed or written Agreement of Partnership under}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 subsection (5) the Registrar shall return the deed or written Agreement of}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 Partnership to the registered office of the partnership and shall register that}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 partnership upon a Reg
ister of limited liability partnerships kept for that purpose}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 and issue a certificate of registration in the prescribed form.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (7) A limited liability partnership is deemed to be registered under this}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 section from the date upon which the deed or written Agreement of Partnership}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 is stamped under subsection (5), and the date of registration specified in the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
certificate of registration issued under subsection (6) shall be that date.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (8) A partnership shall not be deemed to be formed as a limited liability}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 partnership until it is registered under this section or with section 13.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 13 Annual certificates of registration
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (1) A certificate of registration issued under section 12(6) shall be valid}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
and effective for one year from the date of registration specified in that certificate.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (2) Application for renewal of registration may be made upon filing with}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 the Registrar an application for renewal of registration on a form prescribed by}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 the Minister and payment of the prescribed fee.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (3) No application for renewal of registration under subsection (2) shall be}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
granted where the application is filed or fee paid after the date of expiry of the last}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 certificate of registration.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (4) Every renewal of registration shall be for a period of one year from the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 date of expiry of the last certificate of registration.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 14 Address for service
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 The address for service of any documents upon a limited liability}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 partnership shall be the registered office of that partnership.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 15 Display name}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 Every limited liability partnership shall have its name displayed on the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 outside of its registered office in a conspicuous position in letters easily legible.

\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 16 Liability for debts}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid2979050 (1)
\par 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (a) Subject to subsection (2), in determining the extent of any liability}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
for the debts of a limited liability partnership the partners of a}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 limited liability partnership shall each be severally liable for the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
debts of the partnership only to the extent of the amount nominated}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 by each of them in the guarantee lodged with the application}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
referred to in section 12 (4).
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (b) Nothing in this subsection shall apply to prevent any security given}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
in respect of any property being enforced, nor any personal}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 guarantee given by any partner being sued upon.
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (2) Subsection (1) shall not apply \endash 
\par }{\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (a) To any debt arising from a transaction entered into by a limited}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
liability partnership with a person or persons resident in Niue unless}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 the fact that the partnership is registered as a limited liability}{\f0\insrsid2979050  }{
\f0\insrsid13508886\charrsid2979050 partnership is acknowledged in writing by the other person or}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 persons prior to the parties to the transaction being bound to it;
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (b) To any debt existing at the date of first registration of the limited}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
liability partnership under section 12.
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 17 Power of partner to bind the partnership}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 Every partner of a limited liability partnership is an agent of the limited}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
liability partnership and the other partners in it for the purposes of the business}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 of the limited liability partnership, and the acts of every partner who does any act}{\f0\insrsid2979050  }{
\f0\insrsid13508886\charrsid2979050 for carrying on in the usual way business of the kind carried on by the limited}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
liability partnership shall, subject to section 16, bind the limited liability partnership}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 and the other partners in it, unless the partner so acting has in fact no authority to}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 act for the limited liability partnership in the particular matter, and the person}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
with whom the partner is dealing either knows that the partner has no authority}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 or does not know or believe that person to be a partner.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 18 Jurisdiction}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 Every limited liability partnership shall be subject to the exclusive}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 jurisdiction of the High Court of Niue unless the partners otherwise provide at}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 the time of entering into binding legal relations, with third parties or with each}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 other, with respect to such legal relations.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 19 No separate legal entity}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 Nothing in this Part shall be taken to alter the laws of partnership applying}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
to partnerships generally so as to constitute any limited liability partnership a}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 legal entity separate from its members, and for the avoidance of doubt a limited}{\f0\insrsid2979050  }{
\f0\insrsid13508886\charrsid2979050 liability partnership cannot sue or be sued in its own name.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 20 Assignment}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 Unless otherwise agreed in writing by all the partners of a limited liability}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 partnership a partner in that partnership will not by ass
igning all his interest in}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 that partnership to another person thereby dissolve that partnership and that}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
partnership shall upon such an assignment occurring be deemed to have always}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 consisted of its present partners excepting that \endash 
\par }{\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (a) Any person to whom a partnership interest has been assigned shall}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
be liable under the guarantee given under section 12 (4) by the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 assignor (or his predecessor in title (being the person who signed}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
the guarantee)) and the assignor shall be released from the same;
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (b) The proviso to section 16 (1) shall continue to apply to both the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
assignor and the assignee;
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid2979050 {\f0\insrsid13508886\charrsid2979050 (c) For the purposes of any action between the partners inter se only}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
those partners who were partners at the time the relevant cause of}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 action arose shall be parties to any such action.
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 21 Secrecy}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (1) Except where this Act requires, and subject to subsection (2), it shall be}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 an offence for any person to divulge or communicate to any other person}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 information relating to the establishment, constitution, business, undertaking or}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 affairs of a limited liability partnership.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (2) All judicial proceedings, other than criminal proceedings, relating to}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 limited liability partnerships shall, unless ordered otherwise, be heard in camera}
{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 and no details of the proceedings shall be published by any person without leave}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 of the Court or person presiding.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (3) Notwithstanding subsection (1), an offence shall not be committed}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 where information is divulged or made available to the extent reasonably required}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 in the circumstances to any foreign government or any court or tribunal of any}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
country including Niue but only if and to the extent that the High Court of Niue}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 so directs, having been satisfied that the information is required and will be used}{\f0\insrsid2979050  }{
\f0\insrsid13508886\charrsid2979050 solely for the purposes of an investigation or prosecution of any person in relation}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
to the sale, or the laundering of the proceeds of sale, of any prohibited narcotic}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 substances, or the laundering of the proceeds gained from any other serious}{\f0\insrsid2979050  }{
\f0\insrsid13508886\charrsid2979050 criminal activity, whether that sale or laundering or other serious criminal activity}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 occurred in Niue or elsewhere.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (4) Nothing in this section shall prevent the High Court of Niue from}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 requiring any person to produce documents or to give evidence in any proceedings}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 of any facts relevant in such proceedings in a court in Niue.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 22 Translations}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (1) Every document filed with the Registrar under this Part and not in the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 English language shall be accompanied by a certified translation.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (2) A document that is not in the English language and which is not}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 accompanied by a certified translation at the time of filing shall not be accepted}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 for registration by the Registrar.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (3) For the purpose of this section a certified translation is a translation}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
into the English language, certified as a correct translation, by a translator to the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 satisfaction of the Registrar.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 23 No action to lie against certain persons
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 Notwithstanding section 21 no action shall lie against the Government of}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 Niue, any statutory body or authority or a public or judicial officer in respect of}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 the performance of its or his functions or duties under this Part.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 24 Power of exemption}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (1) Cabinet may, on the advice of the Minister, on its own motion or under}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 an application in 
writing lodged with the Registrar by a limited liability partnership}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 or a partnership which would be a limited liability partnership if it were registered,}{\f0\insrsid2979050  }{
\f0\insrsid13508886\charrsid2979050 exempt that limited liability partnership or partnership from all or any of the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 provisions of this Act and any Regulations made under this Act and may impose}{
\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 such terms and conditions as it thinks fit as a condition under which that exemption}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 is granted.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (2) Any exemption granted under subsection (1) may be revoked or varied}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 by Cabinet, on the advice of the Minister, at any time.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (3) In dealing with an application under this section Cabinet shall not be}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 required to act judicially and its decision shall in all cases be final.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (4) Any exemption or condition imposed under subsection (1) shall take}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 effect as from a date to be decided by the Cabinet in its discretion.
\par }{\b\f0\insrsid2979050 
\par }{\b\f0\insrsid13508886\charrsid2979050 25 Prohibitions by the Minister}{\b\f0\insrsid13508886 
\par }{\b\f0\insrsid2979050\charrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (1) Cabinet shall, on the advice of the Minister, have an absolute right and}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 without assigning reasons to make an order \endash 
\par }{\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid3243920 {\f0\insrsid13508886\charrsid2979050 (a) Prohibiting the registration of any partnership as a limited liability}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
partnership; or
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid3243920 {\f0\insrsid2979050 
\par }\pard \ql \li720\ri0\nowidctlpar\faauto\rin0\lin720\itap0\pararsid3243920 {\f0\insrsid13508886\charrsid2979050 (b) Directing any limited liability partnership to cease carrying on its}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 
business or part of its business immediately or within such time as}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 may be specified in the order.
\par }\pard \ql \li0\ri0\nowidctlpar\faauto\rin0\lin0\itap0\pararsid2979050 {\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (2) Any order made under this section may be revoked or varied by the}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 Cabinet, on the advice of the Minister.
\par }{\f0\insrsid2979050 
\par }{\f0\insrsid13508886\charrsid2979050 (3) In making an order under this section the Cabinet shall not be required}{\f0\insrsid2979050  }{\f0\insrsid13508886\charrsid2979050 to act judicially and such order shall be final.}{
\f0\insrsid11087364\charrsid2979050 
\par }}