Text recovered by OCR from a scanned copy — section numbers and wording may be wrong. Check the official PDF on lom.agc.gov.my before citing.
s 29
(1) Where a partnership entered into for a fixed term is continued after the term has expired, and without any express new agreement, the rights and duties of the partners remain the same as they were at the expiration of the term, so far as consistent with the incidents of a partnership at will.
(2) A continuance of the business by the partners or such of them as habitually acted therein during the term, without any settlement or liquidation of the partnership affairs, is presumed to be a continuance of the partnership. Duty of partners to render accounts, etc.
Malay text (authoritative)
(1) Jika suatu perkongsian yang diikat bagi suatu tempoh tetap diteruskan setelah tempoh itu tamat, dan tanpa sesuatu perjanjian baru yang nyata, hak dan tugas pekongsi-pekongsi adalah sama seperti pada masa tempoh itu tamat, sejauh mana ianya konsisten dengan insiden perkongsian ikut kehendak.
(2) Penerusan urusan oleh pekongsi-pekongsi atau beberapa daripada mereka yang selalunya bertindak semasa tempoh itu, tanpa sesuatu penyelesaian atau likuidasi hal-ehwal perkongsian, adalah dianggapkan sebagai suatu penerusan perkongsian itu.
[Bah. IV, S. 30-33]
Text as at 1 June 2000 (LOM reprint); amendments made after that date may not be incorporated.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
