# Transport for London Act 2008, Paragraph 1


For the purposes of section 49 (power to make arrangements for risk mitigation) of this Act an “associated undertaking” of TfL means an undertaking in which TfL has a participating interest and over whose operating and financial policy it exercises a significant influence, and which is not—
(a) a subsidiary undertaking of TfL (within the meaning of section 1162 of the Companies Act 2006 (c. 46)), or
(b) a joint venture.

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Source: https://www.legislation.gov.uk/ukla/2008/1/schedule/3/paragraph/1 (the official version)
Page: https://openlegislation.uk/transport-for-london-act-2008/schedule-3/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.