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Public Entity
A statutory corporation is a government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, thus, they are statutes owned by a government or controlled by national or sub-national government to the (in some cases minimal) extent provided for in the creating legislation. Bodies described in the English language as "statutory corporations" exist in the following countries in accordance with the associated descriptions (where provided). Australia In Australia, statutory corporations are a type of statutory authority created by Acts of state or federal parliaments. A statutory corporation is defined in the government glossary as a "statutory body that is a body corporate, including an entity created under section 87 of the PGPA Act" (i.e. a statutory authority may also be a statutory corporation). An earlier definition describes a statutory corporation as "a statutory authority that is a body corporate", and the New South Wales Governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporation
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and recognized as such in law for certain purposes. Early incorporated entities were established by charter (i.e. by an ''ad hoc'' act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration. Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects: by whether they can issue stock, or by whether they are formed to make a profit. Depending on the number of owners, a corporation can be classified as ''aggregate'' (the subject of this article) or '' sole'' (a legal entity consisting of a single incorporated office occupied by a single natural person). One of the most att ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ocean Park Hong Kong
Ocean Park Hong Kong, commonly known as Ocean Park, is a marine mammal park, oceanarium, animal theme park and amusement park situated in Wong Chuk Hang and Nam Long Shan in the Southern District of Hong Kong. It is the second largest theme park in Hong Kong, after Hong Kong Disneyland, as well as the largest theme park in Hong Kong by area. It is also the second oldest theme park in Hong Kong, after the now-defunct Lai Chi Kok Amusement Park which closed on 31 March 1997, four months before the Handover of Hong Kong, 1997 handover. Opened on 10 January 1977, Ocean Park became popular, but 28 years later, it was unprofitable and widely expected to close due to the new Hong Kong Disneyland. However, the Park responded with a HK$5.5 billion development plan that saw it expand to over 80 attractions and rides, and steadily grow visitor numbers to 7.6 million in 2014, making it the world's 13th most visited theme park, and one of the largest theme parks in Asia. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Of Finance (Ireland)
The Department of Finance ( ga, An Roinn Airgeadais) is a department of the Government of Ireland. It is led by the Minister for Finance and is assisted by two Minister of State. The Department of Finance is responsible for the administration of the public finances of the Republic of Ireland and all powers, duties and functions connected with the same, including in particular, the collection and expenditure of the revenues of Ireland from whatever source arising. Departmental team *Minister for Finance: Michael McGrath, TD **Minister of State at the Department of Finance with responsibility for Financial Services, Credit Unions and Insurance: Seán Fleming, TD *Secretary General of the Department: John Hogan Overview The official headquarters and ministerial offices of the department are in Government Buildings, Merrion Street, Dublin. The Department of Finance has a central role in implementing Irish Government policy, in particular the Programme for Government, and in advi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidy
A subsidy or government incentive is a form of financial aid or support extended to an economic sector (business, or individual) generally with the aim of promoting economic and social policy. Although commonly extended from the government, the term subsidy can relate to any type of support – for example from NGOs or as implicit subsidies. Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect (tax breaks, insurance, low-interest loans, accelerated depreciation, rent rebates). Furthermore, they can be broad or narrow, legal or illegal, ethical or unethical. The most common forms of subsidies are those to the producer or the consumer. Producer/production subsidies ensure producers are better off by either supplying market price support, direct support, or payments to factors of production. Consumer/consumption subsidies commonly reduce the price of goods and services to the consumer. For example, in the US at one time it was cheaper to buy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Act Of The Oireachtas
The law of Ireland consists of constitutional, statute, and common law. The highest law in the State is the Constitution of Ireland, from which all other law derives its authority. The Republic has a common-law legal system with a written constitution that provides for a parliamentary democracy based on the British parliamentary system, albeit with a popularly elected president, a separation of powers, a developed system of constitutional rights and judicial review of primary legislation. History of Irish law The sources of Irish law reflect Irish history and the various parliaments whose law affected the country down through the ages. The Brehon Laws The Brehon Laws were a relatively sophisticated early Irish legal system, the practice of which was only finally wiped out during the Cromwellian conquest of Ireland. The Brehon laws were a civil legal system only – there was no criminal law. Acts that would today be considered criminal were then dealt with in a similar manner ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Of Ireland
Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 counties of the island of Ireland. The capital and largest city is Dublin, on the eastern side of the island. Around 2.1 million of the country's population of 5.13 million people resides in the Greater Dublin Area. The sovereign state shares its only land border with Northern Ireland, which is part of the United Kingdom. It is otherwise surrounded by the Atlantic Ocean, with the Celtic Sea to the south, St George's Channel to the south-east, and the Irish Sea to the east. It is a unitary, parliamentary republic. The legislature, the , consists of a lower house, ; an upper house, ; and an elected President () who serves as the largely ceremonial head of state, but with some important powers and duties. The head of government is the (Prime Minister, literally 'Chief', a title not used in English), who is elected by the Dáil and appointed by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Food Corporation Of India
Food is any substance consumed by an organism for nutritional support. Food is usually of plant, animal, or fungal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth. Different species of animals have different feeding behaviours that satisfy the needs of their unique metabolisms, often evolved to fill a specific ecological niche within specific geographical contexts. Omnivorous humans are highly adaptable and have adapted to obtain food in many different ecosystems. The majority of the food energy required is supplied by the industrial food industry, which produces food with intensive agriculture and distributes it through complex food processing and food distribution systems. This system of conventional agriculture relies heavily on fossil fuels, which means that the food and agricultural ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inland Waterways Authority Of India
Inland Waterways Authority of India (IWAI) is the statutory authority in charge of the waterways in India. It was constituted under IWAI Act-1985 by the Parliament of India.http://iwai.nic.in/showfile.php?lid=882 See section 3 of the act Its headquarters is located in Noida, Uttar Pradesh. India has an extensive network of inland waterways in the form of rivers, canals, backwaters and creeks. The total navigable length is 14,500 km, out of which about 5200 km of the river and 4000 km of canals can be used by mechanised crafts. Freight transportation by waterways is highly under-utilised in India compared to other large countries and geographic areas like the United States, China and the European Union. The total cargo moved (in tonne kilometres) by the inland waterway was just 0.1% of the total inland traffic in India, compared to the 21% figure for the United States. Cargo transportation in an organised manner is confined to a few waterways in Goa, West Bengal, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Warehousing Corporation
Central Warehousing Corporation is a statutory body which was established under ‘The Warehousing Corporations Act, 1962. Its aim is to provide reliable, cost-effective, value-added, integrated warehousing and logistics solution in a socially responsible and environment friendly manner. It is a public warehouse operator established by the Government of India in 1957 to provide logistics support to the agricultural sector. It operates 422 warehouses across India with a storage capacity of 10 million tonnes though the infrastructure condition is in very poor conditions. Services include foodgrain warehouses, industrial warehousing, custom bonded warehouses, container freight stations, inland clearance depots and air-cargo complexes. Function The Warehousing Corporation act, 1962:Subject to the provisions of this Act, the Central Warehousing Corporation may: *Subscribe to the share capital of a State Warehousing Corporation; *Act as agent of the Government for the purpose ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Highways Authority Of India
The National Highways Authority of India or NHAI (Hindi: भारतीय राष्ट्रीय राजमार्ग प्राधिकरण) is an autonomous agency of the Government of India, set up in 1995 (Act 1988) and is responsible for management of a network of over 50,000 km of National Highway (India), National Highways out of 1,32,499 km in India. It is a nodal agency of the Ministry of Road Transport and Highways. NHAI has signed a memorandum of understanding (MoU) with the Indian Space Research Organisation for satellite mapping of highways. Alka Upadhyaya is currently the chairperson of NHAI since December 2021. She is an IAS officer of Madhya Pradesh cadre and 1990 batch. It is the first law making institution which made as digital. History The NHAI was created through the promulgation of the ''National Highways Authority of India Act, 1988''. Section 16(1) of the Act states that the function of NHAI is to develop, maintain and manage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Damodar Valley Corporation
Damodar Valley Corporation (DVC) is a government-owned power generator which operates in the Damodar River area of West Bengal and Jharkhand states of India. The statutory corporation operates both thermal power stations and hydel power stations under the ownership of Ministry of Power, Government of India. DVC is headquartered in the Kolkata city of West Bengal, India. History The valley of the Damodar River was flood prone and the devastating flood of 1943, lead to the formation of the high-powered "Damodar Flood Enquiry Committee" by the government of Bengal. The committee recommended the formation of a body similar to the Tennessee Valley Authority of the United States. Subsequently, W.L. Voorduin, a senior engineer of TVA, was appointed to study the problem. He suggested the multi-purpose development of the valley as a whole in 1944. Damodar Valley Corporation was set up in 1948 as “the first multipurpose river valley project of independent India.” DVC was formed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airports Authority Of India
The Airports Authority of India, or AAI, is a public sector enterprise under the ownership of the Ministry of Civil Aviation, Government of India. It is responsible for creating, upgrading, maintaining, and managing civil aviation infrastructure in India. It provides Communication Navigation Surveillance/Air Traffic Management (CNS/ATM) services over Indian airspace and adjoining oceanic areas. AAI is currently managing a total of 137 airports, including 34 international airports, 10 Customs Airports, 81 domestic airports, and 23 Civil enclaves at defense airfields. AAI also has ground installations at all airports and 25 other locations to ensure the safety of aircraft operations. AAI covers all major air routes over Indian landmass via 29 Radar installations at 11 locations along with 700 VOR/DVOR installations co-located with Distance Measuring Equipment (DME). 52 runways are provided with Instrument landing system (ILS) installations with Night Landing Facilities at most o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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