AN ACT TO PROVIDE FOR THE REGULATION AND GOVERNANCE OF PUBLIC ENTERPRISES AND FOR RELATED MATTERS
[PEA 2] Interpretation2
- accounting standards
has the meaning given in section 3 of the Companies Act 2015;
- board
means the directors of a public enterprise;
- chief executive officer
means the person appointed under section 51 as the chief executive officer of a public enterprise;
- child
means a biological child, an adopted child or a stepchild who is—
- (a)under the age of 18 years; or
- (b)over the age of 18 years and is dependent on his or her parent for support;
- civil servant
means a person employed in the public service as defined in the Constitution of the Republic of Fiji, whether on a full-time or a part-time basis;
- company
has the meaning given in section 3 of the Companies Act 2015;
- constitution
, in the case of a public enterprise that is a company, means its articles of association;
- director
, in relation to a public enterprise that—
- (a)is a company, has the meaning given in section 3 of the Companies Act 2015; and
- (b)is not a company, means a member of the governing body of the public enterprise;
- entity
includes a statutory entity, corporation, company or other body corporate;
- executive officer
means—
- (a)the chief executive officer, however described; and
- (b)any other senior employee with responsibility for management of the entity;
- financial year
means a period that is a financial year for accounting purposes for a public enterprise;
- Minister
means the Minister responsible for public enterprises;
- Ministry
means the ministry responsible for public enterprises;
- non-commercial obligation
means the specified service or activity referred to in a non-commercial obligation agreement;
- non-commercial obligation agreement
means an agreement referred to in section 21 between the Government and a public enterprise for the undertaking of a non-commercial obligation by the public enterprise;
- primary objective
has the meaning given in section 18;
- public enterprise
has the meaning given in section 8;
- public enterprise principles
means the principles set out in section 6;
- spouse
includes a de facto partner;
- statement of corporate intent
means the statement of corporate intent required by section 22;
- subsidiary
has the meaning given in section 3 of the Companies Act 2015; and
- working day
means any day other than a Saturday, Sunday or public holiday.
The Laws of Fiji