Document ID: chunk:federal_register_of_legislation:C2021C00358:clause:1_36
Version: federal_register_of_legislation:C2021C00358
Segment Type: clause
Provision Reference: sch 1 cl 36
Character Range: 22122–22887

36  After subsection 17(2)
Insert:

Meaning of interest of a specified percentage in an unincorporated limited partnership
 (2A) A person holds an interest of a specified percentage in an unincorporated limited partnership if the person, alone or together with one or more associates of the person:
 (a) is in a position to control at least that percentage of the voting power or potential voting power in the partnership; or
 (b) is entitled to at least that percentage of the total distributions of capital, assets or profits of the partnership on the dissolution of the partnership; or
 (c) is entitled to at least that percentage of the total distributions of capital, assets or profits of the partnership otherwise than on the dissolution of the partnership.