Section 6 of the Local Government Act 2002 defines a council-controlled organisation (CCO) as a council organisation that is -
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(a) a company—
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(i) in which equity securities carrying 50% or more of the voting rights at a meeting of the shareholders of the company are—
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(A) held by 1 or more local authorities; or
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(B) controlled, directly or indirectly, by 1 or more local authorities; or
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(ii) in which 1 or more local authorities have the right, directly or indirectly, to appoint 50% or more of the directors of the company; or
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(b) an entity in respect of which 1 or more local authorities have, whether or not jointly with other local authorities or persons,—
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(i) control, directly or indirectly, of 50% or more of the votes at any meeting of the members or controlling body of the entity; or
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(ii) the right, directly or indirectly, to appoint 50% or more of the trustees, directors, or managers (however described) of the entity.
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