Eureka 32004L0017 Sign in

public undertaking

as defined in Directive 2004/17/EC of the European Parliament and of the Council of 31 March…, Article 2(1), point (b)

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.

Open in the act with Eureka

Install the extension for EUR-Lex

Also defined in