# Transport for London Act 2008, Paragraph 5


In this Schedule a “participating interest” means an interest held by TfL in the shares of another undertaking which it holds on a long-term basis for the purpose of securing a contribution to its activities by the exercise of control or influence arising from or related to that interest.

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Source: https://www.legislation.gov.uk/ukla/2008/1/schedule/3/paragraph/5 (the official version)
Page: https://openlegislation.uk/transport-for-london-act-2008/schedule-3/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.