State owned corporation definition

State owned corporation means a State owned corporation within the meaning of the State Owned Corporations Act 1989.
Sample 1Sample 2
State owned corporation means a company whose name is for the time being specified in Schedule 1;
Sample 1
State owned corporation. ’ means a body corporate owned, or of which all or a majority of the shares of the body are owned, by the Government or by a Minister on behalf of the State.
Sample 1

Examples of State owned corporation in a sentence

  • In this Act:authorised transaction means a transfer of electricity generator assets authorised by Part 2.electricity generator means a statutory State owned corporation constituted by the Energy Services Corporations Act 1995 as an electricity generator under that Act.electricity generator assets means assets, rights and liabilities of an electricity generator.Note.

  • The State Owned Corporations Act 1989 contains many 12provisions that apply to RailCorp as a statutory State owned corporation.

  • It emerged from the discussions that a team in Media Resources had been working on the website, supporting the designer.

  • The GIs collected from literature are usually more reliable becausetheir structure and functions may have been studied in more detail.

  • The State Owned Corporations Act 1989 contains many provisions that apply to Transport Infrastructure Development Corporation as a statutory State owned corporation.

  • Port Corporation means Newcastle Port Corporation, Port Kembla Port Corporation or Sydney Ports Corporation (each of which is established as a statutory State owned corporation by the proposed Act).Clause 4 defines vessel for the purposes of the proposed Act.

  • Before 31 January 2011, WSN operated as Waste Recycling and Processing Corporation (WRPC) which was a State owned corporation constituted by section 4 of the Waste Processing and Recycling Xxx 0000.

  • A public register is to be established that will identify any government agency or State owned corporation that fails to comply with any of those requirements.

  • The State Owned Corporations Act 1989 contains many provisions that apply to RailCorp as a statutory State owned corporation.

  • Section 3 of the SOC Act defines the foundation charter of a statutory State owned corporation (SOC) as the whole of any Act by which a SOC is established for the purposes of the SOC Act and, in particular, for the purposes of the provisions relating to the legal capacity of statutory SOCs and assumptions that they have complied with that Act and their foundation charter.(2) Nothing in this section limits the operation of section 4.

Related to State owned corporation

  • State-owned enterprise means an enterprise in which a Party: (i) directly owns more than 50 per cent of the share capital; (ii) controls, directly or indirectly, the exercise of more than 50 per cent of the voting rights; (iii) holds the power to appoint a majority of the members of the board of directors or any other equivalent management body; or (iv) has the power to exercise control2 over the enterprise.

  • Related Corporation means any “parent corporation” or “subsidiary corporation” of the Company whether now or subsequently established, as those terms are defined in Sections 424(e) and (f), respectively, of the Code.

  • Affiliated Corporation means any corporation that is either a parent corporation with respect to the Company or a subsidiary corporation with respect to the Company (within the meaning of Sections 424(e) and (f), respectively, of the Internal Revenue Code).

  • Participating Corporation means any Parent, Subsidiary or Affiliate that the Committee designates from time to time as eligible to participate in this Plan. For purposes of the Section 423 Component, only the Parent and Subsidiaries may be Participating Corporations, provided, however, that at any given time a Parent or Subsidiary that is a Participating Corporation under the Section 423 Component shall not be a Participating Corporation under the Non-Section 423 Component. The Committee may provide that any Participating Corporation shall only be eligible to participate in the Non-Section 423 Component.

  • Business Entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • Controlled Foreign Corporation means “controlled foreign corporation” as defined in the Tax Code.

  • Publicly traded corporation means any Person other than an individual that is organized under the laws of and for which its principal place of business is located in one of the states or territories of the United States or District of Columbia or another country that authorizes the sale of marijuana that:

  • School entity means a school district, intermediate

  • Publicly Held Corporation means a corporation that has a class of equity securities registered pursuant to section 12 of the Securities Exchange Act of 1934 [15 U.S.C. 78L], or is subject to section 15(d) of the Securities Exchange Act of 1934 [15 U.S.C. 78o(d)].

  • Plan Affiliate means, with respect to any Person, any employee benefit plan or arrangement sponsored by, maintained by or contributed to by such Person, and with respect to any employee benefit plan or arrangement, any Person sponsoring, maintaining or contributing to such plan or arrangement.

  • Immediate owner means an entity, other than the offeror, that has direct control of the offeror. Indicators of control include, but are not limited to, one or more of the following: ownership or interlocking management, identity of interests among family members, shared facilities and equipment, and the common use of employees.

  • Entity means a corporation, partnership, limited liability company or other entity.

  • Wholly Owned Affiliate has the meaning specified in Rule 2 of Regulation RR.

  • Foreign corporation means a corporation for profit incorporated under a law other than the law of this state.

  • Business owned by a person with a disability means a business concern that is at least 51% owned by one or more persons with a disability and the management and daily business operations of which are controlled by one or more of the persons with disabilities who own it. A not- for-profit agency for persons with disabilities that is exempt from taxation under Section 501 of the Internal Revenue Code of 1986 is also considered a "business owned by a person with a disability".

  • Other entity means any association or legal entity, other than a domestic or foreign corporation, organized to conduct business, including, but not limited to, a partnership, limited partnership, limited liability partnership, limited liability company, joint venture, joint stock company, business trust, statutory trust and real estate investment trust.

  • Wholly Owned Domestic Subsidiary means, as to any Person, any Wholly-Owned Subsidiary of such Person which is a Domestic Subsidiary.

  • Legal Entity means the union of the acting entity and all other entities that control, are controlled by, or are under common control with that entity. For the purposes of this definition, "control" means (i) the power, direct or indirect, to cause the direction or management of such entity, whether by contract or otherwise, or (ii) ownership of fifty percent (50%) or more of the outstanding shares, or (iii) beneficial ownership of such entity.

  • stateless person means any person who does not hold a nationality;

  • Nonprofit entity means any entity organized and operated exclusively for charitable purposes, or operated by the Federal Government, the State, or any political subdivision of the State.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Affiliated group of corporations means an affiliated group as defined in section 1504 of the Internal Revenue Code, except that, if such a group includes at least one incumbent local exchange carrier that is primarily engaged in the business of providing local exchange telephone service in this state, the affiliated group shall not include any incumbent local exchange carrier that would otherwise be included in the group.

  • Controlled Company means a company having not more than fifty members and controlled, in the manner described by section 139, by not more than five persons;

  • Wholly-Owned means, with respect to a Subsidiary of a Person, a Subsidiary of such Person all of the outstanding Equity Interests of which (other than (x) director’s qualifying shares and (y) shares issued to foreign nationals to the extent required by applicable Law) are owned by such Person and/or by one or more wholly owned Subsidiaries of such Person.

  • Constructively Owned shall have the correlative meanings.

  • Resident unincorporated business entity means an unincorporated business entity having an office or place of business within the Municipality.