Consequently, whether a partnership exists is a … 25 & 26 Vict. c. 89. There are currently no known outstanding effects for the Partnership Act 1890. 1.— (1) Partnership is the relation which subsists between persons … CHAPTER XXXIX. The Partnership Act 1890 - General Partnerships. Partnership Act 1890. Ctrl + Alt + T to open/close. Content referring to this primary source. Nature of Partnership. Practical Law coverage of this primary … Definition of partnership. [1] [14th August 1890.] An Act to declare and amend the Law of Partnership. Links to this primary source. The Partnership Act 1890 defines a partnership “as the relation which exists between persons carrying on a business in common with a view to profit”. Changes to Legislation Revised legislation carried on this site may not be fully up to date. Toggle Table of Contents Table of Contents. PARTNERSHIP ACT 1889. A partnership is established whenever two or more people set up in business together with the intention of sharing profits and losses and do not form either a limited company or a Limited Liability Partnership (LLP).