(1) If the applicant is a partnership, this Part applies as if:
(a) a reference to the applicant, other than in paragraph 18NC(1)(d), were a reference to each member of the partnership; and
(b) the reference to the applicant in paragraph 18NC(1)(d) were a reference to any partner in the partnership.
(2) If the Secretary grants a servicing licence to a partnership, the licence must state:
(a) the names of all the partners; and
(b) if the partnership has a registered business name, the registered business name.
(3) Each of the partners named on the servicing licence is taken to be a servicing licensee for the purposes of this Act.