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 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
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.

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 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.

Related to Autonomous Public Undertaking

  • public undertaking means any undertaking over which the public sector bodies may exercise directly or indirectly a dominant influence by virtue of their ownership of it, their financial participation therein, or the rules which govern it; for the purpose of this definition, a dominant influence on the part of the public sector bodies shall be presumed in any of the following cases in which those bodies, directly or indirectly:

  • railway undertaking means any public or private undertaking licensed according to this Directive, the principal business of which is to provide services for the transport of goods and/or passengers by rail with a requirement that the undertaking ensure traction; this also includes undertakings which provide traction only;

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Disclosure Undertaking means the Issuer’s master undertaking to provide ongoing disclosure relating to certain obligations contained in the SEC Rule in connection with the general obligation notes of the Issuer issued after February 27, 2019, as implemented by Ordinance Number 50-933 of the Issuer.

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • Quasi-public Agency means the Connecticut Development Authority, Connecticut Innovations, Incorporated, Connecticut Health and Educational Facilities Authority, Connecticut Higher Education Supplemental Loan Authority, Connecticut Housing Finance Authority, Connecticut Housing Authority, Connecticut Resources Recovery Authority, Connecticut Hazardous Waste Management Service, Capital City Economic Development Authority, Connecticut Lottery Corporation, or as this definition may otherwise be modified by Title 1, Chapter 12 of the Connecticut General Statutes concerning quasi-public agencies.

  • Confidentiality Undertaking means a confidentiality undertaking in substantially the appropriate form recommended by the LMA from time to time or in any other form agreed between the Borrowers and the Facility Agent.

  • group undertaking means the Company or another undertaking in the group;

  • financial undertaking means any of the following entities:

  • Public university means a public university described in section 4, 5, or 6 of article VIII of the state constitution of 1963.

  • Gas public utility means a public utility, as that term is defined

  • The public means one or more natural or legal persons, and, in accordance with national legislation or practice, their associations, organizations or groups;

  • State public body means any city, town, incorporated village, county, metropolitan district, or other subdivision or public body of the state.

  • Public area means any portion of a state or municipal building that is open to and accessible by the public or which is otherwise designated as a public area by the governing body or the chief administrative officer, if no governing body exists, of such building.

  • collective investment undertaking or ‘CIU’ means a UCITS as defined in Article 1(2) of Directive 2009/65/EC of the European Parliament and of the Council (2) or an alternative investment fund (AIF) as defined in point (a) of Article 4(1) of Directive 2011/61/EU of the European Parliament and of the Council (3);‌

  • Specified public utility means an electrical corporation, gas corporation, or telephone corporation, as those terms are defined in Section 54-2-1.

  • Public Art means art that shall be accessible to the public, and includes all forms of original creations of visual art, conceived in any medium, material, or combination thereof, including paintings, drawings, stained glass, and murals in any media; statues, bas relief, mobile, kinetic, electronic, neon, or other sculptures; environmental artworks; fountains, arches or other structures intended for ornament; integrated and functional architectural elements of a structure; video and other media-based works; inscriptions, fiber works, carvings, mosaics, photographs, drawings, collages, textile works and prints; crafts, both decorative and utilitarian in clay, fiber, wood, metal, glass, stone, plastic and other materials; artist-designed public spaces and functional elements which are either a part of a larger project or a separate entity in and of itself.

  • public sector instrumentality means any department, ministry or agency of a state or any corporation, trust, financial institution or other entity controlled by such state;

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • School District/Public Entity means the School District/Public Entity that executes the contract.

  • electricity undertaking means any person engaged in the generation,transmission, distribution or supply of electricity including any holder of a licence or authorisation or a person who has been granted a permit under Section 37 of the Principal Act and any person transferring electricity to or from Ireland across an interconnector or who has made an application for use of an interconnector which has not been refused;

  • the Academy means the school referred to in Article 4 and established by the Academy Trust;

  • Garage-Public means a building or portion thereof, designed other than as a private garage, operated for gain, designed and/or used for repairing, servicing, hiring, selling or storing or parking motor-driven or other vehicles.

  • subsidiary undertaking means an undertaking controlled by a parent undertaking, including any subsidiary undertaking of an ultimate parent undertaking;

  • research organisation means a legal entity established as a non-profit organisation which carries out research or technological development as one of its main objectives;