Singapore legislation
Section 9
Section 9
Provisions with regard to partners
(1)
Two or more persons carrying on business in partnership shall not be obliged to obtain more than one licence appropriate to the circumstances in respect of which the licence is granted, and a licence to two or more persons shall not be determined by the death or retirement from business of any one or more of the partners.
(2)
When a licence is granted to two or more persons carrying on business in partnership, every such person shall be liable for the acts and omissions of the other or others of them, unless the person charged with liability for the acts or omissions of his partner proves to the satisfaction of the court that he acted bona fide and in no way directly or indirectly contributed to the breach of the provisions of the Act with which his partner is charged.