Government Business Enterprise definition

Government Business Enterprise means an entity owned or controlled by the government that provides services in the market or undertakes commercial activities;

Government Business Enterprise means an entity owned or controlled by the Government that provides services in the market or undertakes commercial activities and is specified in the Fifth Schedule pursuant to section 76;

Government Business Enterprise means an entity owned or controlled by the Government that provides services in the market or undertakes commercial activities and is specified in the Fifth Schedule of the Public Finance Management Act, 2021;

Examples of Government Business Enterprise in a sentence

• The board of the Agency or the board of the Government Business Enterprise shall appoint the chief executive officer who shall be responsible to the board for managing the Agency or Government Business Enterprise.

• Dividends or other profit distribution from a Government Business Enterprise paid to the Government shall be included in the annual budget presented to Parliament and shall be credited to the Consolidated Fund and paid into the Treasury Account.

• The responsible Minister shall table the statement of corporate intent for each Government Business Enterprise in the House of Assembly on the same day as the annual budget is tabled.

• The board of a Government Business Enterprise shall cause an annual report to be provided to the responsible Minister and the Financial Secretary no later than four months after the end of the financial year.

• The chief executive officer of each Government Business Enterprise shall publish the statement of corporate intent on the website of the Government Business Enterprise no later than one week after the annual budget has been approved by the Parliament.

More Definitions of Government Business Enterprise

Government Business Enterprise means a national or provincial government business enterprise as defined in section 1 of the Public Finance Management Act;

Government Business Enterprise means a Government Business Enterprise within the meaning of the Government Business Enterprises Act 1995;

Government Business Enterprise means a prescribed government business enterprise;

Government Business Enterprise means a statutory authority specified in Schedule 1 to the Government Business Enterprises Act 1995; lease includes an agreement for a lease and a tenancy agreement; Nature Conservation Minister means the Minister administering the Nature Conservation Act 2002; proposed reserve order means an order under section 13; protection order means the order made under section 10;

Government Business Enterprise means a department or agency that has all the following characteristics:* Is an entity with the power to contract in its own name;* Has been assigned the financial and operational authority to carry on a Business;* Sells goods and services, in the normal course of its business, to other MDAs and the general public at a profit or full cost recovery;* Is not reliant on continuing government funding or subvention to remain a going concern (other than purchases of outputs at arm's length); and* Is controlled by a public sector management or the government.

Government Business Enterprise means a person that:

Government Business Enterprise means an entity owned or controlled by the Government which provides goods or services to the public in a business environment and is listed in the Third Schedule;