Partners
2.3 Partners
For item 1 of the table in section 154 of the Act, this clause applies if a partner in a partnership holds or has an interest in prescribed property for the partnership.
The details mentioned in each item of the table, from the source mentioned for the item, are prescribed for the partner mentioned in the item.
For subclause (2), the prescribed details are the details mentioned in the item of the table that:
applies to the partner; and
has the lowest item number.
Item | Partner | Details | Source |
|---|---|---|---|
1 | Partner of a partnership for which details of the partnership have been included on the transitional register, for migrated data | ABN, name of partner or name that identifies partnership, as recorded on the transitional register | Transitional register |
2 | Partner of a partnership that holds or has an interest in the prescribed property in the course of, or for, an enterprise that has been allocated an ABN | ABN | Australian Business Register |
3 | Partner in any other partnership | Details mentioned in the item in the table in clause 2.1 that applies to the partner | Source of the details mentioned in the item in the table in clause 2.1 that applies to the partner |
This Act’s bill:Explanatory statement
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