AU_0004 (CDQ)

Property	Value
A technical identifier, unique in a certain context. Technical key	AU_0004
The country a linked concept is active or generally relevant for. Country scope	AU (Australia)
Language-specific name. Monolingual name	Limited Partnership (en)
Language-specific main abbreviation. Monolingual main abbreviation	LPT (en), A Limited Partnership (en), An Incorporated Limited Partnership (en), LP (en), LP. (en), Lp. (en), Lp (en), I.L.P (en), ILP (en)
Abbreviation which is also valid and used in practice. Alternative abbreviation	LPT, An Incorporated Limited Partnership, LP, LP., Lp., Lp, I.L.P, ILP
Informal and comprehensive human-readable definition of a concept. Description	An Australian Limited Partnership consists of at least one general partner who manages the business and is liable without limit and one or more limited partners whose exposure is capped at their agreed contribution. Limited partners must stay out of management to preserve that protection. The form is registered at state level and is used mainly for investment vehicles, property syndicates and venture capital structures. For tax purposes most limited partnerships are treated as companies, with the exception of certain registered venture capital partnerships.
Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category	Limited Partnership

Mapped controlled vocabulary terms

Category:ReferenceDataTerm	Technical name	Data source	Description	Parent concept
J4JC (LEI)	J4JC	LEI (data source)	Limited Partnership (English)	EntityLegalFormCode (LEI)
LPT (AU.BR)	LPT	AU.BR (data source)	Limited Partnership	entityTypeCode (AU.BR)