REPUBLIC OF NAURU 

PARTNERSHIP (AMENDMENT) ACT 2016 
No. 22 of 2016
An Act to amend the Partnership Act 1976 
Certified: 12th May 2016 
Table of Contents 
1 SHORT TITLE 
2 COMMENCEMENT 
3 AMENDMENT OF PARTNERSHIP ACT 1976 
4 AMENDMENT OF SECTION 28 

Enacted by the Parliament of Nauru as follows: 
1 Short title 
This Act may be cited as the Partnership (Amendment) Act 2016. 
2 Commencement 
This Act commences upon certification by the Speaker.  
3 Amendment of Partnership Act 1976 
The Partnership Act 1976 is amended by the provisions of this Act. 
4 Amendment of section 28 
Section 28 is repealed and substituted with the following: 
	28 Duty of partners to render accounts, etc. 
	(1) Partners are bound to render true accounts and full information of all things affecting the partnership to any partner or his or her legal representatives. 
	(2) Every partnership must keep and maintain proper accounts and records with respect to: 
	(a) all sums of money received and expended by the corporation, specifically the items or matters in respect of which the receipt took place; 
	(b) all sales and purchases of goods and services by the partnership; 
	(c) all assignments of rights or assumption of liabilities by the partnership; 
	(d) all transactions of the partnership, or affecting the assets or liabilities of the partnership; 
	(e) the assets and liabilities of the partnership. 
	(3) All documents, records and accounts kept in accordance with subsection (2) must be retained by the partnership for a minimum period of 5 years.