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An example of a statutory corporation is a Kassenärztliche Vereinigung, a body involved in the provision of out-patient medical services in a German state. Other examples include public broadcasters, Jewish communities and Christian churches established in Germany and some public transport providers (depending on jurisdiction).
For example, the Commonwealth Scientific and Industrial Research Organisation (CSIRO) was established in 1949 by the Science and Industry Research Act, but it has since come under the jurisdiction of the Commonwealth Authorities and Companies Act 1997 as legislation covering statutory authorities has evolved.
In Canada, state-owned corporations are referred to as Crown corporations, indicating that an organization is established by law, owned by the sovereign (either in right of Canada or a province), and overseen by parliament and cabinet. Examples of federal Crown corporations include: the Canadian Broadcasting Corporation; Canada Post; Bank of Canada
Its statutory missions also include being ready to administer an alternative service program, in lieu of military service for men classified as conscientious objectors. The Small Business Administration (SBA) was created in 1953 to advise, assist, and protect the interests of small business concerns. The SBA guarantees loans to small businesses ...
This license will set out the conditions by which the companies or organizations operating within the industry must abide. Some regulatory bodies are not statutory agencies, examples include Quangos, industry-led initiatives, or 'voluntary organisations'. [1] They may be not-for-profit organisations or limited companies.
After extensive privatisation of the public sector during the Margaret Thatcher administration, there remain few statutory corporations in the UK. Privatisation began in the late 1970s, and notable privatisations include the Central Electricity Generating Board, British Rail, and more recently Royal Mail.
The list includes statutory bodies (ticked with *) government-linked companies and organisations (ticked with **). Federal ministries The ...
State-sponsored bodies incorporated in this fashion are, unlike their statutory corporation peers, subject to the provisions of the Companies' Acts. They have issued share capital, a board of directors, and all the other features of the type of company they are incorporated as.