Partnership Act 1961

PARTNERSHIP ACT 1961

AKTA PERKONGSIAN 1961

Act 135 · consolidated to 1 Jun 2006 · 20 pp

Socio-economic rights

This copy of the Act is 20 years old. Any amendment made since 1 June 2006 is not in this text. Check the AGC record for later amendments.

Why it matters

What this does to artists

Bands, collectives and studios that never signed anything are usually partnerships by operation of law, with joint and several liability and default profit-sharing they never agreed to. This Act supplies the terms they did not write.

Watch this

Section 26 splits profits equally in the absence of agreement. Most band disputes are this section arriving uninvited.

Start here

What to read first

Section numbers read out of the AGC text itself

topicDefinition of partnership

topicRelations of partners to persons dealing with them

topicLiability of partners

topicDissolution

In practice

Where this one bites

Scenario

Run an arts organisation or collective

A collective that never chose a vehicle is already a partnership, with liabilities it never agreed to.…

AGC publishes this Act only as a scanned image with no text layer, so its sections cannot be listed or searched here. Open the PDF below to read it.

Full text

Read the law

PDF · 1.3 MB · hosted by ALIM

English text

Open the full text →

Source of record · lom.agc.gov.my/act-detail.php?act=135&lang=BI

Who this reaches

Visual artsMusicFilm & TVPerforming artsLiterature, writing & publishingFashion & craftDigital & mediaMuseum & archivingContent creationEverything else

Important notice

This page is published by ALIM (Art × Law Initiative Malaysia) as general legal information for Malaysia’s creative communities. It is not legal advice. It does not take your circumstances into account, and reading it does not create a solicitor-client relationship with ALIM or with anyone associated with it.

The law changes. Each Act reproduced here is the Attorney General’s Chambers’ consolidated reprint and carries the date it was consolidated to; amendments made after that date do not appear in the text, and the authoritative version of any Malaysian law is the one published in the Federal Gazette. Subsidiary legislation, state enactments and local authority by-laws may also apply to your situation and are largely outside this library.

Please do not act, or decide not to act, on the strength of this page alone. Take advice from an advocate and solicitor on your own facts. To the extent permitted by law, ALIM and its contributors accept no liability for any loss arising from reliance on this page.

If you have a live problem, talk to us. It is free and confidential.