40. Non-application of sections 33 to 39

Terms defined in s 2

• conventional partnership

  conventional partnership

  Defined · s 2

  “conventional partnership” means a partnership registered under the Registration of Businesses Act 1956 and a partnership established by two or more persons for the purposes of carrying on any professional practice;

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• limited liability partnership

  limited liability partnership

  Defined · s 2

  “limited liability partnership” means a limited liability partnership registered under section 11 or a foreign limited liability partnership registered under section 45;

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• private company

  private company

  Defined · s 2

  “private company” has the meaning assigned to it in the *Companies Act 1965;

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