Sector definition

Sector. All Sectors Sub-Sector : - Industry Classification : - Level of Government : Central and Regional Type of Obligation : National Treatment Description of Measure : Malaysia reserves the right to adopt or maintain any measure relating to the issuance of licence/permit including numerical limitations and non-issuance of licences. Malaysia reserves the right to adopt or maintain any measure relating to the conditions (4) imposed in the issuance of licence/permit.
Sector. All Sectors Sub-Sector : - : - Level of Government : Central Type of Obligation : National Treatment Description of Measure : 1. Financial institutions extending Singapore dollar (S$) credit facilities (i) exceeding S$5 million per entity to non- resident financial entities; or (ii) arranging S$ equity or bond issues for non-residents, shall ensure that where the S$ proceeds are to be used outside Singapore, they are swapped or converted into foreign currency upon draw-down or before remittance abroad. 2. Financial institutions shall not extend S$ credit facilities to nonresident financial entities if there is reason to believe that the S$ proceeds may be used for S$ currency speculation. Source of Measure : -Insurance Act, Cap. 142, MAS Notice 149. -Banking Act, Cap. 19, MAS Notice 757. -Finance Companies Act, Cap. 108, MAS Notice 816. -Monetary Authority of Singapore Act, Cap. 186, MAS Notice 1105. -Securities and Futures Act, 2001, Act 42 of 2001, MAS Notice 1201. ∞ Page
Sector. All Sectors Sub-Sector : - Industry Classification : - Level of Government : Central Type of Obligation : National Treatment Description of Measure : Malaysia reserves the right to adopt or maintain any measure with respect to securities to be listed or listed on a stock exchange and any matter relating to the acquisition of interests, take-overs and mergers of a public listed company. Source of Measure : - Capital Market and Services Xxx 0000 [Act 671] - Securities Industry (Central Xxxxxxxxxxxx) Xxx 0000[Xxx 453] - Securities Industry (Central Depositories) (Foreign Ownership) Regulations 1996.

Examples of Sector in a sentence

  • Sector means the service and maintenance of retail facilities which includes financial institutions, retail businesses, schools and hospitals but does not include Commercial Premises (as defined above).

  • GAAP will include, without limitation, those principles approved or recommended for local governments from time to time by the Public Sector Accounting Board or the Chartered Professional Accountants of Canada or any successor institute, applied on a consistent basis.

  • The reference jobs of the Horticultural Sector up to and including job category H have been classified into job categories based on the ORBA job evaluation system.

  • The Branch Committee within the Agricultural Sector has eight ordinary members, three of whom represent the employers, three the workers and two the salaried employees.

  • The parties are responsible for the costs of the Branch Committee within the Agricultural Sector in proportion to the number of representatives in the committee.


More Definitions of Sector

Sector. All Sectors Sub-Sector : - Industry Classification : - Level of Government : Central Type of Obligation : National Treatment Senior Management and Board of Directors Description of Measure : Every company incorporated in Malaysia shall have at least 2 directors who each has his principal or only place of residence within Malaysia (Section 122(1) of the Companies Xxx 0000 [Act 125]). Source of Measure : Companies Xxx 0000 [Act 125]
Sector. All Sectors Sub-Sector : - Industry Classification : - Level of Government : Central Type of Obligation : National Treatment Senior Management and Board of Directors Description of Measure : Malaysia reserves the right to adopt or maintain any measure relating to employment of expatriates. Restrictions may be imposed on the number, duration and type of expatriates employed. Source of Measure : - Immigration Act 1959/63 [Act 155] - Employment (Restriction) 1968 (Revised1988) - Expatriate Services Division (ESD) Online Guidebook - Government Policies
Sector. All Sectors Sub-Sector : - Industry Classification : - Level of Government : Central and Regional Type of Obligation : National Treatment Description of Measure : Malaysia reserves the right to adopt or maintain any measure relating to National and State unit trusts. This includes unit trust schemes that are created or operated to pursue public policy objectives related to Bumiputera or affirmative action for the socially disadvantaged. Source of measures : - Federal Constitution New Economic Policy National Development Policy National Vision Policy
Sector. All Sectors Sub-Sector : - Industry Classification : - Level of Government : Central and Regional Type of Obligation : National Treatment Description of Measure : Malaysia reserves the right to adopt or maintain any measure relating to the rights of statutory bodies.(5) Source of Measure : - Article 92 of Federal Constitution - Employees Provident Fund Act 1991 [Act 452] - Tabung Haji Act 1995 [Act 535] - Tabung Angkatan Tentera Act 1973 [Act 101] - Kumpulan Wang Amanah Persaraan (Diperbadankan) - State Economic Development Corporation Enactments - State Agriculture Development Corporation Enactments - Iskandar Regional Development Authority Xxx 0000 [Act 664] - Northern Corridor Implementation Authority Xxx 0000 [Act 687] - Xxxx Xxxxx Xxxxxxxx Xxxxxx Xxxxxxxxxxx Xxxxxxx Xxx 0000 [Act 688] - Regional Corridors Development Authorities Ordinance 2006 - Sabah Economic Development and Investment Authority (SEDIA) Enactment 2009 - Administrative Guidelines
Sector. All Sectors Sub-Sector : - Industry Classification : - Level of Government : Central and Regional Type of Obligation : National Treatment Senior Management and Board of Directors Description of Measure : Malaysia reserves the right to adopt or maintain any measure for the purposes of enhancing Bumiputera (3) participation in the Malaysia economy. Such measures include: - new/additional licences or permits; - assistance, rights, preferences or benefits accorded to Bumiputera; and - providing favourable treatment in relation to acquisition, establishment or operation of any commercial or industrial entity. For greater certainty, such measures do not require an investor by reason of its nationality, to sell or otherwise dispose of an existing investment. Source of Measure : - Federal Constitution Aboriginal Peoples Xxx 0000 [Act 134] Interpretation Ordinance 2005 (Cap.61) Interpretation (Definition of Native) (Cap.64) Government Policy New Economic Policy National Development Policy - National Vision Policy - Guidelines on the Acquisition of Properties, Economic Planning Unit - Administrative Guidelines 3 The term ‘Bumiputera' covers Malays, natives of Sabah and Sarawak, and aborigines.
Sector. All Sectors Sub-Sector : - Industry Classification : - Level of Government : Central and Regional Type of Obligation : National Treatment Senior Management and Board of Directors Description of Measure : Malaysia reserves the right to adopt or maintain any measures relating to privatisation, divestment of assets through transfer or disposal of equity interests or assets owned wholly or partially by the Government. All privatised projects are subjected to Malaysia's social and economic development policies and the Privatisation Master Plan with regards to foreign participation. In general, foreign participation is restricted to 25% of total equity. However, considerations can be given up to 49% on a case by case basis. Foreign participation may be considered in the following cases: - where foreign expertise is needed to upgrade efficiency and such expertise is not available locally; - where their participation is necessary to promote export market; - where local capital is insufficient; and - where the nature of business requires international linkages and exposure. All conditions imposed on existing privatised entities will continue to be applicable. Source of Measure : - Malaysia Public Private Partnership (PPP) programme - Privatisation Master Plan - Guidelines on Public Private Partnership (PPP) - Social and economic development plans/policies - New Economic Model
Sector. All Sectors Sub-Sector : - Industry Classification : - Level of Government : Central and Regional Type of Obligation : National Treatment Senior Management and Board of Directors Description of Measure : National Treatment and the Senior Management and Board of Directors obligations shall not apply to: 1. a right, franchise, privilege, property or business, which is expressly reserved by the Constitution or the laws of the Philippines to its citizens and its qualified entities that has been transferred, conveyed or leased to a foreign investor not possessing the prescribed requisites by the Constitution or such laws; and 2. a foreign investor that intervenes in the management, operation, administration or control of such businesses which are reserved for Filipinos, whether such investors are officers, employees or laborers therein, except technical personnel whose employment may be specifically authorized by the Secretary of Justice. Note: The election of aliens as members of the board of directors or governing body of corporation or associations engaging in partially nationalized activities shall be allowed in proportion to their allowable participation or share in the capital of such entities. Source of Measure : -1987 Constitution of the Republic of the Philippines. -Act to Punish Acts of Evasion of the Laws on the Nationalization of Certain Rights, Franchises or Privileges (C.A. No. 108, as amended by P. D. No. 715). -Local Government Code of 1991 (R.A. No. 7160). -Organic Act for the Autonomous Region in Muslim Mindanao (R.A. No. 6734). -Creating the Cordillera Administrative Region (E.O. No. 220). -Presidential and Administrative Issuances.