(1) For the purposes of Rule 8.3.1(1)(b), a Relevant Person must identify the Beneficial Owners of a Partnership in accordance with this Rule.
(2) The Relevant Person must identify any natural person who:
(a) ultimately is entitled to or controls (in each case whether directly or indirectly) a 25% or more share of the capital or profits of the Partnership or 25% or more of the voting rights in the Partnership; or
(b) otherwise exercises ultimate control over the management of the Partnership.
|Added on (15 April, 2019).|