Assignments, etc

(1) A partner in a limited liability partnership may not assign the whole or part of his partnership interest, except by way of charge. (2) Notwithstanding sub-section (1), changes may be made in the partnership interests in a limited liability partnership on the admission or retirement of a partner, on the death of a partner who is an individual, on a partner who is not an individual ceasing to exist, or in accordance with the partnership agreement. (3) Subject to the partnership agreement, a partnership in a limited liability partnership may create a charge over his partnership interest.