s.6Liability of a limited liability partnership
6
Section 6Part 2Nature of a Limited Liability Partnership

Liability of a limited liability partnership

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A limited liability partnership is liable for all debts and losses of the limited liability partnership and, subject to section 7 , no partner shall be liable for those debts and losses, either jointly or jointly and severally.
There shall be available to meet any liability of a limited liability partnership the property of the limited liability partnership.