Section 2(4)

The following are examples of factors to be taken into account in determining whether a person operates on a commercial basis— whether the person operates on the basis that its losses would be borne, or its continued operation secured, by a public authority (whether directly or indirectly); whether the person contracts on terms more favourable than those that might reasonably have been available to it had it not been associated with a public authority; whether the person operates on a market that is subject to fair and effective competition.

← 3 · All articles · 5 →

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