Document ID: chunk:federal_register_of_legislation:C2024C00648:section:18ne
Version: federal_register_of_legislation:C2024C00648
Segment Type: section
Provision Reference: s 18NE
Character Range: 224443–225131

18NE  Where the applicant is a partnership
 (1) If the applicant is a partnership, this Part applies as if:
 (a) a reference to the applicant, other than in paragraph 18NC(1)(d), were a reference to each member of the partnership; and
 (b) the reference to the applicant in paragraph 18NC(1)(d) were a reference to any partner in the partnership.
 (2) If the Secretary grants a servicing licence to a partnership, the licence must state:
 (a) the names of all the partners; and
 (b) if the partnership has a registered business name, the registered business name.
 (3) Each of the partners named on the servicing licence is taken to be a servicing licensee for the purposes of this Act.