Document ID: chunk:federal_register_of_legislation:C2021C00358:clause:1_11a
Version: federal_register_of_legislation:C2021C00358
Segment Type: clause
Provision Reference: sch 1 cl 11A
Character Range: 20016–20705

11A  Meaning of interest in an unincorporated limited partnership
  A person holds an interest in an unincorporated limited partnership if the person:
 (a) is in a position to control all or any of the voting power or potential voting power in the partnership; or
 (b) is entitled to any or all of the distributions of capital, assets or profits of the partnership on the dissolution of the partnership; or
 (c) is entitled to any or all of the distributions of capital, assets or profits of the partnership otherwise than on the dissolution of the partnership.
Note: See also section 19 (tracing of substantial interests in corporations, trusts and unincorporated limited partnerships).