Public Enteprises Reform and Divestiture Act (Cap. 98).
This content is exclusively provided by FAO / FAOLEX / ECOLEX
This Act shall give effect to the Government Policy for Public Enterprise Reform and Divestiture of 1991, and also to the Action Plan for Public Enterprise Reform and Divestiture. It provides for the reduction or elimination of Government equity holding in the public enterprises, the rehabilitation and restructuring of public enterprises and the promotion of good managerial practices of public enterprises and local entrepreneurship. A Divestiture and Reform Implementation Committee is establishe
Title
Public Enteprises Reform and Divestiture Act (Cap. 98).
An Act to provide for the reform and divestiture of public enterprises; to establish the Divestiture and Reform Implementation Committee charged with the implementation of the Government’s programme on the matter and for other related matters.
