# Transport for London Act 2008, Paragraph 2


Where TfL holds 20 per cent or more of the voting rights in another undertaking, it shall be presumed to exercise such an influence over it unless the contrary is shown.

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Source: https://www.legislation.gov.uk/ukla/2008/1/schedule/3/paragraph/2 (the official version)
Page: https://openlegislation.uk/transport-for-london-act-2008/schedule-3/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.