UnitedKingdom Annex 2 - Note iii

they have any of the following characteristics:

a) they are financed, for the most part, by the State, regional or local authorities, or by other bodies governed by public law;

b) they are subject to management supervision by those authorities or bodies; or

c) they have an administrative, managerial or supervisory board; more than half of whose members are appointed by the State, regional or local authorities or by other bodies governed by public law.