s 39 Liability of managers, agents, employees, etc.
39.—(1) Where a general partner of a limited partnership is required under this Act to do any act or thing, the person responsible for the management of the limited partnership is also answerable for the doing of or omission to do that act or thing. (2) For the purposes of subsection (1), the reference to a person responsible for the management of a limited partnership includes every manager, agent or employee at any time charged either solely or to a substantial extent with the management of the limited partnership. (3) Where any agent or employee in the course of his or her employment does or omits to do any act, the doing of which or omission to do which by his or her principal or employer would be an offence under this Act, that agent or employee shall be guilty of that offence. (4) Any person who would have been guilty of an offence if anything had been done or omitted to be done by the person personally shall be guilty of that offence and shall be liable to the same penalty —(a) if that thing had been done or omitted to be done by the person’s agent or employee in the course of the person’s employment; and (b) unless the person proves to the satisfaction of the court that that thing had been done or omitted to be done without the person’s knowledge or consent and that the person took all reasonable precautions to prevent the doing of or omission to do that thing. (5) This section is in addition to and not in derogation of any other provisions of this Act.