Section 3 Meaning of “owner” etcI1

England and Wales

(1)

In this Act, references to an “owner” of a club are to be construed in accordance with Schedule 1.

(2)

For the purposes of this Act, a club’s “ultimate owner” is—

(a)

where the club has only one owner, that owner;

(b)

where the club has more than one owner and one owner exercises a higher degree of influence or control over the activities of the club than any other owner, that owner;

(c)

in any other case, each owner of the club who exercises a degree of influence or control over the activities of the club that—

(i)

is the same as another owner, and

(ii)

where there are other owners, is a higher degree of influence or control than any other owner.

Annotations

Commencement

I1: S. 3 in force at Royal Assent, see s. 100(2)(a)