Schedule 9, Part 1, paragraph 1(2)

For the purposes of this Part, a company (within the meaning of the Companies Act 2006) is wholly owned by the Crown if, and only if, every member of the company is— a Minister of the Crown, government department or company wholly owned by the Crown, or a person acting on behalf of a Minister of the Crown, government department or company wholly owned by the Crown.

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