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u3-2.1.b
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npl3c1-1.2.2
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c3-1.10
c3-1.11.a
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u3-2.3

32004L0017: u3-2.1.b

Public undertaking

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EU Law

32004L0017 - Utilities (3rd generation) Article 2.1.b
(b) a "public undertaking" is any undertaking over which the contracting authorities may exercise directly or indirectly a dominant influence by virtue of their ownership of it, their financial participation therein, or the rules which govern it.
    A dominant influence on the part of the contracting authorities shall be presumed when these authorities, directly or indirectly, in relation to an undertaking:
    - hold the majority of the undertaking's subscribed capital, or
    - control the majority of the votes attaching to shares issued by the undertaking, or
    - can appoint more than half of the undertaking's administrative, management or supervisory body.
31993L0038 - Utilities (2nd generation) Article 1.2
2. 'public undertaking' shall mean any undertaking over which the public authorities may exercise directly or indirectly a dominant influence by virtue of their ownership of it, their financial participation therein, or the rules which govern it. A dominant influence on the part of the public authorities shall be presumed when these authorities, directly or indirectly, in relation to an undertaking:
    - hold the majority of the undertaking's subscribed capital, or
    - control the majority of the votes attaching to shares issued by the undertaking, or
    - can appoint more than half of the members of the undertaking's administrative, managerial or supervisory body;
31990L0531 - Utilities (1st generation) Article 1.2
2. public undertaking shall mean any undertaking over which the public authorities may exercise directly or indirectly a dominant influence by virtue of their ownership of it, their financial participation therein, or the rules which govern it. A dominant influence on the part of the public authorities shall be presumed when these authorities, directly or indirectly, in relation to an undertaking:
    - hold the major of the undertaking's subscribed capital, or
    - control the majority of the votes attaching to shares issued by the undertaking, or
     - can appoint more than half of the members of the undertaking's administrative, managerial or supervisory body;

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