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Metropolitan Water, Sewerage And Drainage Board
Sydney Water, formally, Sydney Water Corporation, is a New South Wales Government owned statutory corporation that provides potable drinking water, wastewater and some stormwater services to Greater Metropolitan Sydney, the Illawarra and the Blue Mountains regions, in the Australian state of New South Wales. History The origins of Sydney Water go back to 26 March 1888 when the was enacted and repealed certain sections of the relating to water supply and sewerage, thereby transferring the property, powers and obligations from the Municipal Council to the Board of Water Supply and Sewerage. Name changes The forebears of Sydney Water include: * Board of Water Supply and Sewerage (18881892) * Metropolitan Board of Water Supply and Sewerage (18921925) * Metropolitan Water Sewerage and Drainage Board (19251987) * Water Board (19871994) which had also been the colloquial name for the organisation for much of its history in the 20th century, and persists among longer term employees ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
