State enterprises definition

State enterprises means all enterprises referred to in section 119(9) of the Constitution.
State enterprises means, [subject to Annex ...., ] an enterprise owned, or controlled through ownership interest, by a Contracting Party.]70
State enterprises means, [subject to Annex ...., ] an enterprise owned, or controlled through ownership interest, by a Contracting Party.]84 There is a broad consensus that, in conformity with item (vii) of the MAI definition of “investment”, any rights conferred pursuant to law or contract such as concessions, licenses, authorisations, and permits are to be covered fully by the obligations of the MAI. Several delegations also share the view that any person or entity which acquires monopoly rights as a result of the implementation of such law or contract should also fulfil the obligations of paragraph 3 of the Monopoly article in the exercise of such rights. These delegations disagree , however, on how or whether to translate these understandings into text. Some delegations are opposed to the inclusion of concessions into the monopoly definition; they consider that these are two different legal concepts which should be treated separately under the MAI. Accordingly, one delegation considers that the bracketed text at the end of the second sentence of the definition of monopoly “nor does it include a person or entity that has an exclusive right such as concession, license, authorisation or permit” should be maintained. One delegation also considers that monopolies and concessions are different legal entities. However, the exclusion of concessions from this definition would imply too much of a carve-out for the MAI. This is the reasoning behind the various attempts made by this delegation (footnote 54) to ensure the highest level of obligations possible in these two areas. Ideally, in this delegation’s view, the problem of the interface between monopolies and concessions should be solved in the definition itself; this could be done adopting the legal approach embodied in articles 90-91 of the EC Treaty which covers both exclusive rights (i.e. monopolies) and special rights. Delegations are invited to reflect further on these issues.

Examples of State enterprises in a sentence

  • Profits paid by the Romanian State enterprises to the State budget shall, in this Article, be deemed as a tax of Romania.

  • State enterprises from 513 to barely more than 20’; in order to pick up the burden for these lost services, the dictatorship created ‘a massive volunteer movement, based on the unpaid labour of women’ which ‘helped to cushion, however minimally, the impact of the military’s economic policies’132.

  • Nothing in this Agreement shall be construed to prevent a Party from maintaining or establishing State enterprises.

  • Cooperative and State enterprises have the right to lease complexes of real estate, separate buildings, equipment and other material objects in their keeping or under their active management.

  • State enterprises or their subdivisions may be leased only by labor collectives of these enterprises or subdivisions.


More Definitions of State enterprises

State enterprises means, [subject to Annex ...., ] an enterprise owned, or controlled through ownership interest, by a Contracting Party.]46
State enterprises means, an enterprise owned, or controlled through ownership interest, by a Contracting Party.
State enterprises means, [subject to Annex ...., ] an enterprise owned, or controlled through ownership interest, by a Contracting Party.]81
State enterprises means, [subject to Annex ...., ] an enterprise owned, or controlled through ownership interest, by a Contracting Party.]51
State enterprises means, [subject to Annex ...., ] an enterprise owned, or controlled through ownership interest, by a Contracting Party.]49
State enterprises means, [subject to Annex ...., ] an enterprise owned, or controlled through ownership interest, by a Contracting Party.]73
State enterprises means, an enterprise owned, or controlled through ownership interest, by a Contracting Party. C--EXCEPTIONS FOR CERTAIN STATES The provisions contained under "A." Monopolies" and "B. State Enterprises" above, shall not bind Contracting Parties, where their statutory provisions conflict with aforesaid provisions.