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Public Enterprises Governance Act, 2019 (No. 1 of 2019).

País/Territorio
Namibia
Tipo de documento
Legislación
Fecha
2019
Fuente
FAO, FAOLEX
Fuente original
Published in Government Gazette no. 6907 on 17 May 2019.
Título completo
An Act to make provision for the efficient governance of public enterprises and the monitoring of their performance; to make provision for the restructuring of public enterprises; to provide for the powers and functions of the Minister of Public Enterprises; and to make provision for incidental matters.
Materia
Agricultura y desarrollo rural, General
Palabra clave
Institución Negocios/industria/corporaciones Gobernanza Desarrollo agrícola
Área geográphica
Africa, Atlántico Sur, Africa Meridional
Resumen

This Act makes provision for the declaration, governance and control of public enterprises in Namibia and related matters. The Minister responsible for public enterprises may, in consultation with Cabinet, declare - any board, corporation, council, fund, trust or other body established as a body corporate by or under an Act of Parliament for performing functions prescribed by that Act or any other law; any unincorporated business in which the State owns half or more of the interest; and any state-owned company, to be a public enterprise. A public enterprise may be non-commercial. The Minister may declare that the provisions of this Act apply to any board, committee, fund, trust or any other institution that has received public money. The Minister shall, among other things, establish generally accepted common principles of corporate governance and good practice governing public enterprises. The relevant Minister must enter into a written governance agreement with the board of a public enterprise. public enterprise must develop an integrated strategic business plan for a period of five years and submit it to the relevant Minister. The Minister may direct that a special investigation be conducted in relation to any matter concerning the business, trade, dealings, affairs, assets or liabilities of a public enterprise. The Act also concerns restructuring of public enterprises.

Texto completo
Inglés
Página web
www.namiblii.org

Referencias - Legislación

Revoca

State-owned Enterprises Governance Act, 2006 (Act No. 2 of 2006).

Legislación | Namibia | 2006

Palabra clave: Desarrollo agrícola, Institución

Fuente: FAO, FAOLEX