Examples of Mixed Companies in a sentence
Under the GCL, Mixed Companies are not subject to the same degree of regulation as Government Companies.
State-owned enterprises are divided by law into two main categories: Government Companies (including their Government Subsidiaries) and Mixed Companies.
However, Mixed Companies are subject to certain provisions of the GCL, including qualifications and approvals required for the appointment of certain directors by the Government.
Cowley, 30, successfully sued Olympic hopeful D'Arcy in the NSW District Court after D'Arcy smashed his jaw and face with one punch at The Loft bar in Sydney's CBD early on March 30, 2009.
Mixed Companies are companies in which the State owns 50% or less of the voting rights or has the right to appoint less than half of the members of the board of directors.
This reduction was principally due to lower production in Venezuela as a consequence of the migration of Operating Contracts to Mixed Companies and lower production of liquids in Argentina due to declining fields.
Inflow of U.S. capital, which would take advantage of cheap Mexican labor was supposed to lift the whole economy.
The Decree further provided for negotiations between companies holding mining rights and the Government for a period of 90 days from the date of its publication, in order to facilitate the migration to Mixed Companies.
Venezuela then issued Resolutions 88 and 89, dated 7 October 2011, which created a single Negotiation Commission for the whole gold industry, with the task of transferring all gold concessions, contracts and leases to new Mixed Companies, and an OTC entrusted with the authority of taking control over and managing all gold assets to be nationalized, with mandates expiring on 15 December 2011.
See in particular Organic Law, Official Gazette No. 38.493, 4 August 2006, text at www.ogel.org, L&R by Country, Decree 5.200 with Rank and Force of Law Concerning the Migration of the Association Agreements of the Orinoco Belt and of the Exploration Risk and Profit Sharing Agreements into Mixed Companies, Official Gazette No. 38.632, 26 February 2007, text at www.ogel.org, L&R by Country.