Catchwords
Stamp duties – Conveyance - Partnership - Dissolution of partnership - Retirement Deed effected retirement of one partner and reconstitution of partnership and continuation of business by remaining partners - Nature of partner's interest in partnership assets - Whether Retirement Deed a conveyance of interest in personal property - Whether satisfaction of retiring partner's interest and creation of new partnership assured or vested interest in personal property.
Words and phrases – "conveyance on sale", "dissolution of partnership", "equitable interest of partner".
Stamp Duties Act 1923 (SA) – s 60.
Partnership Act 1891 (SA) – ss 20, 39.