(2)

‘bodies governed by public law’ means bodies that have all of the following characteristics: they are established for the specific purpose of meeting needs in the general interest, not having an industrial or commercial character; they have legal personality; and they are financed, for the most part by the State, regional or local authorities, or by other bodies governed by public law; or are subject to management supervision by those authorities or bodies; or have an administrative, managerial or supervisory board, more than half of whose members are appointed by the State, regional or local authorities, or by other bodies governed by public law;

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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.