# The Scottish Partnerships (Register of People with Significant Control) Regulations 2017, Paragraph 2: Ownership of right to surplus assets on a winding up


The first condition is that X holds, directly or indirectly, the right to more than 25% of any surplus assets in eligible Scottish partnership Y on a winding up.

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Source: https://www.legislation.gov.uk/uksi/2017/694/schedule/1/paragraph/2 (the official version)
Page: https://openlegislation.uk/scottish-partnerships-register-of-people-with-significant-control-regulations-2017/schedule-1/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.