parastatal organisation definition
parastatal organisation means any company established under this Act fifty or more per centum of whose share capital is owned or otherwise contributed by the Government, a statutory corporation or whose management the Government, a statutory corporation or another parastatal organisation participates;
parastatal organisation means any corporate body or association funded in whole, or at least as to 51 percent in part, from funds derived from taxation, grants or loans from Government or external public financial sources, whether that corporate body or association is required to meet its expenditure from income derived from its activities or is subsidised in whole or in part by public funds;
parastatal organisation. ' means -
More Definitions of parastatal organisation
parastatal organisation means any incorporated body the equity capital of which is at least fifty-one percent owned by the Government of Lesotho and includes units of Government Ministries which operate revenue generating and self-accounting business activities;
parastatal organisation means a statutory corporation or body or limited liability company which is directly or ultimately under the control of the Government or of any other body which is carrying out a governmental function;
parastatal organisation means a statutory corporation or other body in which the State owns the greater part of the proprietary interest or otherwise has a controlling interest;