3Meaning of “owner” etcE+W
(1)In this Act, references to an “owner” of a club are to be construed in accordance with Schedule 1.
(2)For the purposes of this Act, a club’s “ultimate owner” is—
(a)where the club has only one owner, that owner;
(b)where the club has more than one owner and one owner exercises a higher degree of influence or control over the activities of the club than any other owner, that owner;
(c)in any other case, each owner of the club who exercises a degree of influence or control over the activities of the club that—
(i)is the same as another owner, and
(ii)where there are other owners, is a higher degree of influence or control than any other owner.
Commencement Information
I1S. 3 in force at Royal Assent, see s. 100(2)(a)