6 Publicly-owned companies

6  Publicly-owned companies

(1)     A company is a “publicly-owned company” for the purposes of section 3(1)(b) if—

(a)     it is wholly owned by the Crown, . . .

(b)     it is wholly owned by

[the wider public sector][, or

(c)     it is wholly owned by the Crown and the wider public sector].

[(2)     For the purposes of this section—

(a)     a company is wholly owned by the Crown if, and only if, every member is a person falling within sub-paragraph (i) or (ii)—

(i)     a Minister of the Crown, government department or company

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