Animations are overlapping when a Playable is paused and an Animator Controller is attached

How to reproduce:
1. Open the user's attached project
2. Open the "Bug" Scene
3. Press Play
4. Observe the animation sequence
5. Exit Play mode
6. Select the "Character" GameObject in the Hierarchy window
7. In the Animator component set the Controller to "EmptyAnimatorController"
8. Press Play and observe the animation sequence

Expected result: Particles stop emitting when the 3rd animation is played
Actual result: Particles are still emitting when the 3rd animation is being played

Reproducible with: 2019.4.37f1, 2020.3.33f1, 2021.3.1f1, 2022.1.0f1, 2022.2.0a12

Notes:

• When viewed from PlayableGraph Visualizer the animation with particles has the "Paused" property but the particles are still emitting when a different animation is playing
• Issue also occurs when using an empty Animator Controller