# Transport for London Act 2008, Paragraph 6


A holding of 20 per cent or more of the shares of an undertaking shall be presumed to be a participating interest unless the contrary is shown.

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Source: https://www.legislation.gov.uk/ukla/2008/1/schedule/3/paragraph/6 (the official version)
Page: https://openlegislation.uk/transport-for-london-act-2008/schedule-3/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.