Paragraph 4 Ownership of right to appoint or remove the persons entitled to manage the eligible Scottish partnership
The third condition is that X holds the right, directly or indirectly, to appoint or remove the majority of the persons who are entitled to take part in the management M1 of eligible Scottish partnership Y.
Annotations
Marginal citations
- M1
See paragraph 14(4) for the meaning of “entitled to take part in the management” of an eligible Scottish partnership.