Public-private partnership project companiesU.K.
[F116(1)For the purposes of paragraph 15 “public-private partnership project” means a project—
(a)the resources for which are provided partly by one or more public bodies and partly by one or more private persons, or
(b)which is designed wholly or mainly for the purpose of assisting a public body to discharge a function.
(2)In sub-paragraph (1) “public body” means—
(a)a body which exercises public functions,
(b)a body specified for the purposes of this paragraph by the Secretary of State, or
(c)a body within a class specified for the purposes of this paragraph by the Secretary of State.
(3)In sub-paragraph (1)(a) “resources” includes—
(a)funds (including payment for the provision of services or facilities);
(b)assets;
(c)professional skill;
(d)the grant of a concession or franchise;
(e)any other commercial resource.
(4)A specification under sub-paragraph (2) may be—
(a)general, or
(b)for the purpose of the application of paragraph 15 to a specified case.]