|
Beneficial owner in relation to partnerships.
|
27.— In this Part, “beneficial owner”, in relation to a partnership, means any individual who—
|
| |
(a) ultimately is entitled to or controls, whether the entitlement or control is direct or indirect, more than a 25 per cent share of the capital or profits of the partnership or more than 25 per cent of the voting rights in the partnership, or
|