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10. Power of partner to bind limited liability partnership

( 1)

Every partner of a limited liability partnership is the agent of the limited liability partnership.

t2)

Notwithstanding subsection (1), a limited liability partnership 1s not bound by anything done by a partner in dealing with a person if -

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(a}

the partner has no authority to act for the limited liability partnership by doing that thing; and

(b)

the person knows that he has no authority or does not know or believe him to be a partner of the limited liability partnership.

(3)

Where a person has ceased to be a partner of a limited liability partnership, he is to be regarded (in relation to any person dealing with the limited liability partnership) as still being a partner -

(a}

that person has notice that the former partner has ceased to be a.

partner; or

(b J notice that the former partner has ceased to be a partner has been given to the Registrar.

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