# Energy Act 2004, Section 50: Interpretation of Chapter 2 of Part 1

Extent: E+W+S+N.I.

(1) In this Chapter —
“nuclear company” means a body corporate with control of a designated installation, designated site or designated facility;
“publicly controlled” is to be construed in accordance with subsection (3).
(2) Expressions used in this Chapter and in Chapter 1 of this Part have the same meanings in this Chapter as in that Chapter.
(3) For the purposes of this Chapter a body corporate is a publicly controlled company if it is a company limited by shares that is either publicly owned or is otherwise a company in which—
(a) a person specified in subsection (4) holds a majority of the voting rights; or
(b) two or more persons so specified, taken together, hold a majority of the voting rights.
(4) The persons mentioned in subsection (3) are—
(a) the Treasury;
(b) a Minister of the Crown;
(c) the NDA;
(d) the UKAEA;
(e) a publicly owned company; or
(f) a nominee of a person falling within paragraphs (a) to (e).
(5) In this section “company” means a company as defined in section 1(1) of the Companies Act 2006.

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Source: https://www.legislation.gov.uk/ukpga/2004/20/section/50 (the official version)
Page: https://openlegislation.uk/energy-act-2004/section-50
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.