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Paragraph 3 Public bodies: bodies corporate

Original text. Later amendments are not shown.

(1)

A body corporate is a public body where it is a body in which a public body under paragraph 2 is a majority member.

(2)

A public body is a majority member of a body (“body A”) under sub-paragraph (1) where—

(a)

the member;

(b)

a person acting on behalf of the member; or

(c)

a body corporate in which the member or person acting on its behalf is a majority member,

(any of whom is “person B”) satisfies the provisions in sub-paragraph (3).

(3)

The provisions referred to in sub-paragraph (2) are—

(a)

person B holds a majority of the voting rights in body A;

(b)

person B is a member of body A and has the right to appoint or remove a majority of its board of directors; or

(c)

person B is a member of body A and controls alone, pursuant to an agreement with other members, a majority of the voting rights in body A.