Commentary on provisions of Act Section 1: Great British Energy
Subsection (1) allows the Secretary of State by notice to designate a company as Great British Energy, and subsection (2) that such a company can only be designated if it is limited by shares and wholly owned by the Crown.
	Subsection (3) sets out the requirements for a notice designating the company. Those requirements are that it must specify the time from which the designation has effect and that it must be published by the Secretary of State.
	Subsection (4) sets out the circumstances in which a designation is terminated. These are, if the company ceases to be wholly owned by the Crown or the Secretary of State withdraws the designation.