Autonomous Public Undertaking definition
Autonomous Public Undertaking means (i) any designated entity specified in Schedule A to the Law on Public Financial Management and Accountability, and (ii) any other public undertaking that operates with substantial autonomy and is not subject to direct managerial control by a public authority even though it may be subject to management supervision or regulatory supervision by a public authority.
Autonomous Public Undertaking means (i) any designated entity and (ii) any other public undertaking that operates with substantial autonomy. For the purpose of this Article “substantial autonomy” is considered when the undertaking is not subject to direct management of any public authority, however, if the management of the public undertaking is only under the supervision of the public authority, then such supervision is not considered as a direct management of the public undertaking from the public authority.
Autonomous Public Undertaking. - means (i) any designated entity, and (ii) any other public undertaking that operates with substantial autonomy. For the purposes of this definition, a public undertaking shall be considered to be operating with “substantial autonomy” if it is not subject to direct managerial control by a public authority; provided, however, if the management of a public undertaking is
More Definitions of Autonomous Public Undertaking
Autonomous Public Undertaking. - means (i) any designated entity, and (ii) any other public undertaking that operates with substantial autonomy. For the purposes of this definition, a public undertaking shall be considered to be operating with “substantial autonomy” if it is not subject to direct managerial control by a public authority; provided, however, if the management of a public undertaking is merely subject to supervision by a public authority, this in itself shall not be sufficient to conclude that the public undertaking is subject to direct managerial control by that public authority.