3. (1) In this Act, “public service body” means—

(a) a body specified in Schedule 1, or

(b) a company, body or other person appointed under subsection (2).

(2) The Government may, by order, appoint to be a public service body—

(a) any body or other person established—

(i) by or under an enactment (other than the Companies Act 2014 or a former enactment relating to companies within the meaning of section 5 of that Act) or charter,

(ii) by any scheme administered by a Minister of the Government, or

(iii) under the Companies Act 2014 (or a former enactment relating to companies within the meaning of section 5 of that Act) in pursuance of powers conferred by or under another enactment, and financed wholly or partly by means of money provided, or loans made or guaranteed, by a Minister of the Government or the issue of shares held by or on behalf of a Minister of the Government,

or

(b) a company a majority of the shares in which are held by or on behalf of a Minister of the Government,

that, in the opinion of the Government, (having had regard to the matters referred to in section 9(3) to which the Government shall have regard before making an order under section 9(1)), ought to be so appointed.

(3) An order under this section shall be laid before each House of the Oireachtas as soon as may be after it is made and, if a resolution annulling the order is passed by either such House within the next 21 days on which that House sits after the order is laid before it, the order shall be annulled accordingly, without prejudice to the validity of anything previously done thereunder.