This template is called a Deed of Dissolution of Partnership.
It can be used when a business conducted by a partnership (‘the partnership business’) is to be closed, with the partnership to end.
It does not restrict a Partner from carrying on a similar business after the partnership ends.
If a Partner is leaving the partnership business but the other Partners are continuing the business, then a Deed of Retirement from Partnership should be used.
This template is provided free of charge and on the terms and conditions set out both in the disclaimer below and on the LegalRocket website.
It has been drafted by an incorporated legal practice registered under the Legal Profession Uniform Law in Australia.