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The authorised capital of a company sometimes referred to as the authorised share capital, registered capital or nominal capital, (particularly in the United States) is the maximum amount of share capital that the company is authorised by its constitutional documents to issue (allocate) to shareholders. Part of the authorised capital can (and ...
The seat of government is (as defined by Brewer's Politics) "the building, complex of buildings or the city from which a government exercises its authority". [1]In most countries, the nation's capital is also seat of its government, thus that city is appropriately referred to as the national seat of government.
Usually direct-controlled municipality are under central government control with limited power. In some cases, a similar term in federal states is the federal city. Many countries have adopted this system with some different variations. Geographically and culturally, many of the municipalities are enclaves in the middle of provinces. Some occur ...
It has a government similar to that of the Commonwealth itself, with a mayor with strong appointment and veto powers and a 17-member city council that has both law-making and confirmation powers. Certain types of legislation that can be passed by the city government require state legislation before coming into force.
The key motivation for municipalization stems from a difference in priorities and goals of the community members and the incumbent utility. While incumbent IOUs have the objective of reliable and safe electricity that can provide a competitive profit for the investors, municipalized utilities are free from the need to provide for private profits and can focus on the pursuit of other policy ...
Generally, in a state having both chartered and general-law local governments, the chartered local governments have more local autonomy and home rule. Municipalities are typically subordinate to a county government, with some exceptions. Certain cities, for example, have consolidated with their county government as consolidated city-counties.
Since local government reorganisation, the unit in England, Northern Ireland and Wales is known as a district, and in Scotland as a council area. A district may be awarded borough or city status, or can retain its district title. In Jersey, a municipality refers to the honorary officials elected to run each of the 12 parishes into which it is ...
Conversely, in a weak-mayor system, the mayor has no formal authority outside the council, serving a largely ceremonial role as council chairperson and is elected by the citizens of the city. The mayor cannot directly appoint or remove officials and lacks veto power over council votes.