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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 February 2021 - onwards
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3. Interpretation.

In this Act unless the context otherwise requires -

"the Act of 1890" means the Partnership Act, 1890;

"Act of 2010" means the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010;

"alternative foreign name" shall be construed in accordance with section 8(4B);

"the Bank" means the Central Bank of Ireland;

"beneficial owner" , in relation to an investment limited 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(b) otherwise controls the partnership;

"beneficial ownership register" shall be construed in accordance with section 46(1);

"central register" shall be construed in accordance with section 50(1);

"competent authority" means a competent authority as that expression, by virtue of sections 60 and 61 of the Act of 2010, is to be construe

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