The Scottish Partnerships (Register of People with Significant Control) Regulations 2017 No. 694

SCHEDULE 3 Statements required as to the nature of control

PART 6 Fifth Condition and Firms

21.  A statement that—

(a) the person has the right to exercise, or actually exercises, significant influence or control over the activities of a firm that, under the law by which it is governed, is not a legal person; and

(b) the members of that firm (in their capacity as such) hold, directly or indirectly, more than 50% but less than 75% of any voting rights in the eligible Scottish partnership.