Government Business Enterprise definition

Government Business Enterprise means an entity owned or controlled by the government that provides services in the market or undertakes commercial activities;

Government Business Enterprise means an entity owned or controlled by the Government that provides services in the market or undertakes commercial activities and is specified in the Fifth Schedule pursuant to section 76;

Government Business Enterprise means an entity owned or controlled by the Government that provides services in the market or undertakes commercial activities and is specified in the Fifth Schedule of the Public Finance Management Act, 2021;

Examples of Government Business Enterprise in a sentence

• The Corporation has been designated a Government Business Enterprise in accordance with the Nova Scotia Provincial Finance Act.

• The Water Boards are proportionately consolidated based upon the water flow used by the Municipality in proportion to the entire flows provided by the joint boards.Equity AccountingThe investment in ERTH Corporation (a Government Business Enterprise) is accounted for on a modified equity basis, consistent with the generally accepted accounting treatment for government business enterprises.

• A Government Business Enterprise is a self-sustaining organization which has the financial and operating authority to sell goods and services to individuals and non-government organizations as its principal activity and source of revenue.

• A Governmental Unit is a government organization that is not a Government Business Enterprise.

• The Saldanha Bay Industrial Development Zone Licencing Company SOC Ltd (SBIDZ) is a Schedule 3D Provincial Government Business Enterprise that was created to promote new areas of economic growth and development to fulfil the vision of the National Development Plan.

More Definitions of Government Business Enterprise

Government Business Enterprise means a national or provincial government business enterprise as defined in section 1 of the Public Finance Management Act;

Government Business Enterprise means a prescribed government business enterprise;

Government Business Enterprise means a Government Business Enterprise within the meaning of the Government Business Enterprises Act 1995;

Government Business Enterprise means a statutory authority specified in Schedule lease includes an agreement for a lease and a tenancy agreement; proposed reserve order means an order under section 13; protection order means the order made under section 10;

Government Business Enterprise means a department or agency that has all the following characteristics:* Is an entity with the power to contract in its own name;* Has been assigned the financial and operational authority to carry on a Business;* Sells goods and services, in the normal course of its business, to other MDAs and the general public at a profit or full cost recovery;* Is not reliant on continuing government funding or subvention to remain a going concern (other than purchases of outputs at arm's length); and* Is controlled by a public sector management or the government.

Government Business Enterprise means a person that:

Government Business Enterprise. (“GBE”) means an organisation that is owned or controlled by Government but has a legal personality separate from Government and is principally engaged in commercial activities (Administrative Review Council, Australia, 1995). A GBE is part of the public sector. For the purposes of this paper GBEs include State Owned Corporations, State Owned Entities, government business or trading and statutory authorities which are involved in trade.