Notice of any arrangement or transaction under which any person will cease to be a general partner1 in any firm that is not a private fund limited partnership2, and will become a limited partner in that firm, or under which the share of a limited partner in a firm that is not a private fund limited partnership will be assigned to any person, must be forthwith advertised in the Gazette3, and until notice of the arrangement or transaction is so advertised the arrangement or transaction is, for the purposes of the Limited Partnerships Act 1907,
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