# The Scottish Partnerships (Register of People with Significant Control) Regulations 2017, Paragraph 8: Holding an interest


(1) V holds an interest in eligible Scottish partnership W if—
(a) V holds, directly or indirectly, the right to surplus assets of eligible Scottish partnership W on a winding up,
(b) V holds, directly or indirectly, voting rights in eligible Scottish partnership W,
(c) V holds, directly or indirectly, the right to appoint or remove any of the persons entitled to take part in the management of eligible Scottish partnership W,
(d) V has the right to exercise, or actually exercises, significant influence or control over eligible Scottish partnership W, or
(e) sub-paragraph (2) is satisfied.
(2) This sub-paragraph is satisfied where—
(a) the trustees of a trust or the members of a firm that, under the law by which it is governed, is not a legal person hold an interest in eligible Scottish partnership W in a way mentioned in sub-paragraph (1)(a) to (d), and
(b) V has the right to exercise, or actually exercises, significant influence or control over the activities of that trust or firm.

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Source: https://www.legislation.gov.uk/uksi/2017/694/schedule/1/paragraph/8 (the official version)
Page: https://openlegislation.uk/scottish-partnerships-register-of-people-with-significant-control-regulations-2017/schedule-1/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.