Part 1The Civil Nuclear Industry
Chapter 2Transfers relating to nuclear undertakings
Supplementary provisions of Chapter 2 of Part 1
I150Interpretation of Chapter 2 of Part 1
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.