Northern Territory Numbered Acts Northern Territory Numbered Acts(1) An act of a person relating to the business of a firm other than an incorporated limited partnership binds the firm and all its partners if the person is authorised by the firm to carry out the act –
(a) in the firm name; or
(b) in any other way showing an intention to bind the firm.
(2) Subject to section 13(4), an act of a person relating to the business of an incorporated limited partnership binds the partnership and all its general partners if the person is authorised by the partnership to carry out the act –
(a) in the partnership's firm name; or
(b) in any other way showing an intention to bind the partnership.
(3) To avoid doubt –
(a) a reference to a person authorised by a firm to carry out an act includes a reference to a partner in the firm so authorised; and
(b) this section does not affect any rule of law about the execution of deeds or negotiable instruments.