STATUTORY INSTRUMENTS
SUPPLEMENT No. 6 12th February, 2016
STATUTORY INSTRUMENTS SUPPLEMENT
to The Uganda Gazette No. 8, Volume CIX, dated 12th February, 2016
Printed by UPPC, Entebbe, by Order of the Government.
STATUTORY INSTRUMENTS
2016 No. 15.
THE PARTNERSHIP REGULATIONS, 2016
ARRANGEMENT OF REGULATIONS
Regulation
Interpretation.
Registration of partnership deed.
Disclosure of minor partner in documents.
Repudiation of partnership by minor.
Notice of death of partner.
Notice of variation of terms of partnership.
Application of Civil Procedure Rules.
Notice for dissolution of partnership.
Registration of limited partnership.
10. Notice of change in particulars
11. Application to inspect statement filed with registrar.
12. Conversion of partnership.
PREIAWAYNS
SCHEDULES
Schedule 1 — Currency Point
Schedule 2 - Forms
141STATUTORY INSTRUMENTS
2016 No. 15.
The Partnership Regulations, 2016.
(Under section 61 of the Partnership Act, 2010, Act No. 2 of 2010).
IN EXERCISE of the powers conferred upon the Minster responsible for
justice by section 61 of the Partnership Act, 2010, Act No. 2 of 2010,
these Regulations are made this 19th day of October, 2015.
PART I—PRELIMINARY
1. Interpretation
In these Regulations unless the context otherwise requires —
“Act” means the Partnership Act, 2010;
“currency point” has the value assigned to it in Schedule 1;
“firm” means the persons who have entered into partnership with
one another;
“minor” means a person below eighteen years;
“Minister” means the Minister responsible for justice;
“partnership” means a partnership as defined in section 2 of the Act
and includes a limited partnership;
“registrar” means the registrar of companies designated as such
under the Companies Act, 2012.
2. Registration of partnership deed.
A firm required to register under section 4 of the Act, shall at the time
of registration file a copy of the partnership deed relating to that firm.
3. Disclosure of minor partner in documents.
(1) A firm that has a minor partner shall disclose this fact to every
person dealing with the firm and in every document where the names of
the partners are disclosed.
142(2) A firm that contravenes subregulation (1) commits an offence
and is liable on conviction to a fine not exceeding forty eight currency
points.
4. Repudiation of partnership by minor.
(1) The notice by a minor repudiating the relationship of
partnership under section 11 of the Act shall be in Form 1 in Schedule 2.
(2) The person giving notice under subregulation (1) shall file a
copy of the notice with the registrar.
5. Notice of death of partner.
(1) The firm shall give notice of the death of any person who was a
partner in the firm.
(2) The notice under sub regulation (1) shall be in Form 2 in
Schedule 2.
6. Notice of variation of terms of partnership.
(1) Where there is a variation in the terms of a partnership, the firm
shall notify the registrar of the variation.
(2) The notice of variation shall be in Form 3 in Schedule 2.
7. Application of Civil Procedure Rules.
The Civil Procedure Rules shall apply to court matters under the Act or
these Regulations.
8. Notice for dissolution of partnership.
The public notice required to be given under section 39 upon the
dissolution or retirement of a partnership shall be in Form 4 in Schedule
2 in the case of dissolution and in Form 5 in the case of a retirement.
9. Registration of limited partnership.
(1) Notwithstanding anything in these Regulations, a limited
partnership shall be registered by filing the statement in Form 6
Schedule 2.
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