Sri Lanka Consolidated Acts

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Inland Revenue Act (No. 4 of 1963) - Sect 95

Precedent partner to act on behalf of a partnership

89.
(1) Wherever two or more persons in partnership act in the capacity of trustees or executors, or as agents, or are employers, or are persons in receipt of money, value, or profits to whom section 84 applies, or act in any other capacity whatever, either on behalf of themselves or of any other person, the precedent partner of such partnership shall be answer-able for doing all such acts, matters, and things as would be required to be done under the provisions of this Act by an individual acting in such capacity:
(2) Where two or more persons who are not in partnership act jointly in any capacity mentioned in subsection (1), they shall be jointly and severally answerable for doing all such acts, matters, and things as would be required to be done under the provisions of this Act by an individual acting in such capacity.


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