Examples of Public Enterprises Governance Act in a sentence
The shares held in the Company may not be alienated and issued to any person other than to the State, unless the Company is being restructured in accordance with the procedures laid down in Part VI of the Public Enterprises Governance Act.
The Public Enterprises Governance Act referred to is Act 2 of 2006.
The Board, subject to section 22(3) of the Public Enterprises Governance Act, 2006, must determine the remuneration and allowances of the Chief Executive Officer.
Board of Authority The Authority is managed by a Board that consists of five members unless a different number is determined in accordance with section 14(1)(a) of the State-owned Enterprises Governance Act, 2006 (Act No. 2 of 2006).[The State-owned Enterprises Governance Act 2 of 2006 was re-named the Public Enterprises Governance Act 2 of 2006 by Act 8 of 2015 (GG 5835).] 9.
The Public Enterprises Governance Act referred to is Act 2 of 2006.](2) Different allowances may be determined under subsection (1) according to the different offices held by the persons concerned or the work performed by them.
The Board shall be constituted and its members, including the chairperson and the vice-chairperson of the Board, shall be appointed in accordance with, and for a period as determined under, sections14 and 15 the Public Enterprises Governance Act, 2006.
The Public Enterprises Governance Act referred to is Act 2 of 2006.] 17.
A member or an alternate member of the Board, or member of a committee who is not in the full-time employment of the State or Authority is paid such remuneration or allowances or other benefits as the Minister, with the concurrence of the Minister responsible for finance, subject to section 22(1) of the Public Enterprises Governance Act, may determine.
A director and an alternate director who is not in the full-time service of the State shall in respect of his or her services as director be paid, out of the funds of the Authority, such remuneration and such subsistence and travelling allowances as the Minister may determine, subject to section 22(1) of the Public Enterprises Governance Act, 2006.[Section 7 is substituted by Act 2 of 2006, as amended by Act 8 of 2015.
All public enterprises listed in Schedule 1 of the Public Enterprises Governance Act, 2006 (ActNo. 2 of 2006), are deemed to have been declared to be public enterprises under section 2.