# Local Democracy, Economic Development and Construction Act 2009, Section 54: Interpretation

Extent: E+W
Status: prospective

(1) In this Chapter—
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“company” has the same meaning as in Part 16 of the Companies Act 2006 (c. 46) (see section 1 of that Act);
“financial year”—
(a)in relation to a company, has the same meaning as in Part 16 of the Companies Act 2006 (see section 390 of that Act);
(b)in relation to a limited liability partnership, has the same meaning as in Part 16 of the Companies Act 2006 (as it applies in relation to limited liability partnerships);
(c)in relation to a registered society, means a year of account within the meaning of the Co-operative and Community Benefit Societies Act 2014 (see sections 77 and 78 of that Act);
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“limited liability partnership” means a limited liability partnership formed under the Limited Liability Partnerships Act 2000 (c. 12) or the Limited Liability Partnerships Act (Northern Ireland) 2002 (c. 12 (N.I.));
“local authority” has the meaning given by section 36(6);
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“qualifying Welsh local authority entity” has the meaning given by section 36(5);
“registered society” has the meaning given by section 1 of the Co-operative and Community Benefit Societies Act 2014;
“relevant entity” has the meaning given by section 36(3).
(2) In this Chapter references to an entity being “connected with” a local authority are to be construed in accordance with subsection (6) of section 212 of the Local Government and Public Involvement in Health Act 2007 (c. 28).

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Source: https://www.legislation.gov.uk/ukpga/2009/20/section/54 (the official version)
Page: https://openlegislation.uk/local-democracy-economic-development-and-construction-act-2009/section-54
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.