Statutory control definition

Statutory control means you:
Statutory control in this Note means the degree of control which a company has over a subsidiary.”
Statutory control means you: • control the composition of the board of directors of the company; • control more than half of the voting power of the company; or • hold more than half of the issued share capital of the company (not counting any part of it which carries no right to participate beyond a specified amount in a distribution of either profits or capital).

Examples of Statutory control in a sentence

  • Statutory control to recruit, retain and/or terminate staff employed by the Recipient shall be vested with the Recipient.

  • Statutory control over who may practice varies from one Member State to another.

  • Statutory control will put the Offeror in a position to be able to pass all ordinary resolutions on matters in which the Offeror does not have an interest and which are tabled for shareholders’ approval at a general meeting of shareholders of the Company.

  • Statutory control of sewage-sludge disposal at sea in the UK dates back to 1974 with the passing of the Dumping at Sea Act (DASA).

  • Statutory control Asian - ColonialLess developed AsianLess developed LatinNear EasternAfricanJapanFlexibilityUniformity More developed LatinNordicGermanicAnglo- American Professionalism Fig.

  • Statutory control is observed in the opposite situation, namely in societies with large power distance.

  • Statutory control on the other hand, is the preference for compliance with prescriptive legal requirements and statutory control(Gray, 1988).

  • Statutory control of explosives in Hong Kong can be dated back to the 19th century.

  • All quoted prices shall be indicated by tenderer both in figures and words and where there is difference between quoted in figures and quoted in words, the prices quoted in words shall prevail.

  • Statutory control: Control or regulation provided for by legislation (OxfordDictionaries online, 2010; Gray, 1988).


More Definitions of Statutory control

Statutory control means each of the following which affects any Group Company or any of its assets from time to time:-
Statutory control means control imposed by provision contained in, or having effect under, an Act.
Statutory control in this context means the degree of control which a company has over a subsidiary.
Statutory control means each of the following which affects any Group Company or any of its assets from time to time:

Related to Statutory control

  • Executory Contract means a contract to which one or more of the Debtors is a party that is subject to assumption or rejection under sections 365 or 1123 of the Bankruptcy Code.

  • Master Account Approval List means the list of Attendee reservations and Dates which the Judicial Council has authorized the Contractor to xxxx associated sleeping room charges and tax against the Judicial Council’s Master Account.

  • Tax Exempt Bond-Financed Development means a Development which has been financed by the issuance of tax-exempt bonds subject to applicable volume cap pursuant to Section 42(h)(4) of the IRC.

  • control zone shall have the meaning given in the Operating Agreement.

  • Operational Control means Security monitoring, adjustment of generation and transmission resources, coordinating and approval of changes in transmission status for maintenance, determination of changes in transmission status for reliability, coordination with other Balancing Authority Areas and Reliability Coordinators, voltage reductions and load shedding, except that each legal owner of generation and transmission resources continues to physically operate and maintain its own facilities.

  • Prospective state contractor means a person, business entity or nonprofit organization that (i) submits a response to a state contract solicitation by the state, a state agency or a quasi-public agency, or a proposal in response to a request for proposals by the state, a state agency or a quasi-public agency, until the contract has been entered into, or (ii) holds a valid prequalification certificate issued by the Commissioner of Administrative Services under section 4a-100. "Prospective state contractor" does not include a municipality or any other political subdivision of the state, including any entities or associations duly created by the municipality or political subdivision exclusively amongst themselves to further any purpose authorized by statute or charter, or an employee in the executive or legislative branch of state government or a quasi-public agency, whether in the classified or unclassified service and full or part-time, and only in such person's capacity as a state or quasi-public agency employee.

  • Uniform business entity application means the current version of the NAIC Uniform Business Entity Application for resident and nonresident business entities.