Fiscal Council definition
Examples of Fiscal Council in a sentence
The election, installation and the functioning of the Fiscal Council will be in accordance with the provisions of articles 161 to 165 of Law 6,404/76.
The EFPC are managed by the Executive Board, Advisory Council and Fiscal Council, with some members appointed by the sponsors and others appointed as representatives of active and other participants, pursuant to the respective Entity’s by laws.
The company will have a Fiscal Council, to function on a non-permanent basis, comprising from three to five effective members and an equal number of deputies.
Pursuant to the Brown Act, the Planning and Fiscal Council cannot discuss or take action on items not listed on the agenda.
The company will have a Fiscal Council, to function on a non-permanent basis, comprising from 3 (three) to 5 (five) effective members and an equal number of deputies.
On 5 May 2009, the National Fiscal Council and the IMF mission reached an agreement on a three- year Stand-By Arrangement worth 1.2 billion euros (600 percent of BiH's quota).
This will protect the independence of the Fiscal Council and ensure a clear separation between analysis (which is the role of the Fiscal Council) and policy making (which is the responsibility of the ministers).
It is expected that the role and Terms of Reference of the Fiscal Council will be expanded once the Council has been established and is delivering on the above requirements.
The Fiscal Council will comprise four individuals, including a chair, appointed by the Finance Minister.
The Fiscal Council shall not operate on a permanent basis and shall only be installed upon request of the shareholders, in accordance with the applicable legislation.