PART 5ASSET TRANSFER REQUESTS
Key definitions
78Meaning of “relevant authority”
I31
In this Part, a “relevant authority” means—
a
a person listed, or of a description listed, in schedule 3, or
b
a person mentioned in subsection (3).
I1I22
The Scottish Ministers may by order modify schedule 3 so as to—
a
remove an entry listed in it,
b
amend an entry listed in it.
I1I23
The person is a person—
a
that is designated as a relevant authority by an order made by the Scottish Ministers for the purposes of this Part, or
b
that falls within a class of persons designated as relevant authorities by such an order for the purposes of this Part.
I1I24
An order under subsection (3) may designate a person, or a class of persons, only if the person or (as the case may be) each of the persons falling within the class is—
a
a part of the Scottish Administration,
b
a Scottish public authority with mixed functions or no reserved functions (within the meaning of the Scotland Act 1998), or
c
a publicly-owned company.
I35
In subsection (4)(c), “publicly-owned company” means a company that is wholly owned by one or more relevant authorities.
I36
For that purpose, a company is wholly owned by one or more relevant authorities if it has no members other than—
a
the relevant authority or (as the case may be) authorities,
b
other companies that are wholly owned by the relevant authority or (as the case may be) authorities, or
c
persons acting on behalf of—
i
the relevant authority or (as the case may be) authorities, or
ii
such other companies.
I37
In this section, “company” includes any body corporate.