Section 483(2)

An order under subsection (1) may be made in relation to a company only if it appears to the Scottish Ministers that the company— exercises in or as regards Scotland functions of a public nature none of which relate to reserved matters (within the meaning of the Scotland Act 1998 (c. 46)), or is entirely or substantially funded from a body having accounts falling within paragraph (a) or (b) of subsection (3).

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Source: legislation.gov.uk · retrieved 2026-09-04