Ukraine Annex 3 - Note 1

An entity is any undertaking which meets at least one of the following criteria:
- the public authorities, authorities of the Autonomous Republic of Crimea, local self-governance bodies or other administrators of public funds have more than 50% in the authorized capital of such an undertaking, or a majority of the votes in the supreme governing body of the undertaking, or have the right to appoint more than half of the executive or supervisory body of the undertaking;
- it is in a possession of special or exclusive rights meaning rights granted within the powers of a public authority or a local authority on the basis of any legal act and/or an act of individual actions that restrict activities in the areas specified in this Annex by one or more persons which significantly affect the ability of other people to carry out activities in these areas.