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Energy Act 2004
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Energy Act 2004, Section 50 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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50Interpretation of Chapter 2 of Part 1U.K.
This section has no associated Explanatory Notes
(1)In this Chapter —
“nuclear company” means a body corporate with control of a designated installation, designated site or designated facility;
“publicly controlled” is to be construed in accordance with subsection (3).
(2)Expressions used in this Chapter and in Chapter 1 of this Part have the same meanings in this Chapter as in that Chapter.
(3)For the purposes of this Chapter a body corporate is a publicly controlled company if it is a company limited by shares that is either publicly owned or is otherwise a company in which—
(a)a person specified in subsection (4) holds a majority of the voting rights; or
(b)two or more persons so specified, taken together, hold a majority of the voting rights.
(4)The persons mentioned in subsection (3) are—
(a)the Treasury;
(b)a Minister of the Crown;
(c)the NDA;
(d)the UKAEA;
(e)a publicly owned company; or
(f)a nominee of a person falling within paragraphs (a) to (e).
(5)In this section “company” [F1means a company as defined in section 1(1) of the Companies Act 2006].
Textual Amendments
F1Words in s. 50(5) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 220(3) (with art. 10)
Commencement Information
I1S. 50 in force at 5.10.2004 by S.I. 2004/2575, art. 2(1), Sch. 1
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