Wells' Limited Partnership Handbook
It has taken more than five years of extensive consultation to produce the Limited Partnerships Act 2008, a process that included a review of nine other jurisdictions, aiming to take the best from each to achieve a vehicle that is both internationally recognisable and competitive.
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It has taken more than five years of extensive consultation to produce the Limited Partnerships Act 2008, a process that included a review of nine other jurisdictions, aiming to take the best from each to achieve a vehicle that is both internationally recognisable and competitive. This new legislation adds to the repertoire of the corporate legal practitioner, creating a useful mechanism to apply in a wide range of commercial situations, particularly those anticipating capital gain or loss. This Limited Partnership Handbook is designed to help busy practitioners in their day-to-day commercial work. The text clearly explains limited partnership law, and includes comprehensive coverage of the features unique to the New Zealand regime that practitioners must bear in mind when advising their clients. The Limited Partnerships Act 2008 is reproduced in full and there are practical suggestions for drafting, together with an example of a Limited Partnership Agreement.