Development Bank of Southern Africa Amendment Bill [B ]
|
|
- Myron Robinson
- 5 years ago
- Views:
Transcription
1 Development Bank of Southern Africa Amendment Bill [B ] Briefing of Select Committee on Finance National Council of Provinces 21 October 2014 Presenters : Mr Ben Mokheseng Deputy Director: Asset Liability Management Adv Empie van Schoor Chief Director: Legislation
2 Outline of presentation Background DBSA post-restructuring Main objects Process up to introduction Clause-by-clause discussion of Bill 2
3 Background (1) Development Bank of Southern Africa (DBSA) established in 1983 Following new 1994 constitutional dispensation, DBSA reconstituted by DBSA Act, 1997 to promote socioeconomic development in Southern African region DBSA Act regulates range of matters regarding DBSA including object, powers, management of affairs, board, CEO, share capital, expenditure, dividends, accounts & audit and Minister s regulation-making powers Comprehensive set of ministerial regulations made in November
4 Background (2) DBSA is listed as major public entity in Schedule 2 to Public Finance Management Act, 1999 (PFMA) Characteristics of a Schedule 2 public entity generates profits and declare dividends operates in competitive market place (general business principles) may borrow money (section 66(3)(a) of PFMA) 4
5 DBSA Post-Restructuring Mandate (1) Primary mandate of DBSA is infrastructure development finance in South Africa (SA) and rest of continent South Africa (67% risk capital) DBSA is mandated to develop key infrastructure sectors: water & sanitation, energy, transport, ICT, education and health Municipalities, State Owned Companies (SOCs), Independent Power Producers (IPPs) and Public- Private-Partnerships (PPPs) remain key areas of focus Africa (33% of risk capital) Outside South Africa, DBSA still focus on Southern Africa Development Community (SADC) However, with expansion of the DBSA s mandate to other national territories on African continent, DBSA has begun to assess investment opportunities beyond SADC Support for key and leading economic growth sectors: energy, transport, ICT and water Focus on public and private sector projects that enhance regional integration Formation of strategic partnership & mobilisation of resources 5
6 Post-restructuring process - Mandate (2) Minister of Finance signs Mandate Statement with DBSA Board as part of shareholder oversight each financial year Aim of Mandate Statement is to: Set out Shareholder s expectations of Board for each financial year Serve as framework against which Shareholder Compact and DBSA Corporate Plan are to be drafted & agreed to by parties Provide for performance reporting by DBSA, to demonstrate achievements on following: o Quarterly Loans disbursements to the different market segments & sectors Actual projects financed o Annually Post-disbursement performance monitoring on funded projects 6
7 Post-restructuring process - Operating model As part of organisational review process, DBSA reviewed its strategy & operating model during 2012/13 to refocus its infrastructure development activities where it can have maximum impact. As a result, following operating model was adopted: Old organisation New organisation Lending operations Balanced portfolio of lending activities on commercial & subsidised terms Balanced portfolio of lending activities on commercial & subsidised terms Lending operations Non-lending operations Grant funding on balance sheet Institutional capacity building support Development planning and research Project preparation Fund Management Project planning support (pre-financing support) Project implementation support (postfinancing support) Cost recovery model Non-lending operations 7
8 Post-restructuring process - Disbursements Following DBSA s restructuring and capital support provided by government (R7.9 billion for 2013/14 to 2015/16) to support its growth objectives, Bank committed to increase its infrastructure financing support across various operating areas significantly Client segment Disbursement, Composition R million South Africa % Social infrastructure % Municipal % Metropolitan % Secondary % Under resourced % Other % Economic infrastructure % SOCs % Independent power producers % Private sector % Outside South Africa % Total % 8
9 Post-restructuring process 2013/14 performance In 2013/14, DBSA reposition itself for greater effectiveness & efficiency in delivery of its mandate. Following are some notable achievements: Net profit of R787 million in 2013/14 which reflects reversal in performance since restructuring process complete turnaround from loss of R826 million in previous year Improved cost management that contributed to overall financial performance, with cost-to-income ratio dropping from 48.9% to 28.4% Strong loan book with non-performing loans (NPL) as percentage of total loan book improving from 7.3% to 5.8% New record level of disbursements of R12.7 billion against target of R11 billion Increased disbursements to under-resourced municipalities Growth in asset base by 18.3% to R63.8 billion. Gross loan book has grown from R42.6 billion to R50.1 billion which is increase of 17.5% from previous year 9
10 Main objects of Bill Main objects of proposed changes to DBSA Act are to specifically enable and regulate in DBSA Act extension of DBSA s operations to African countries outside SADC to increase authorised share capital of DBSA & to enable further increases to address growing demand for infrastructure funding enhance DBSA capital base to amend Minister s regulation-making powers 11
11 Process up to introduction NT consulted DBSA before submitting Bill to Cabinet for approval Cabinet approved that Bill be published for public comment and be tabled in Parliament should there be no material changes Published 13 December 2013 with 17 January 2014 as closing date Only one comment - not related to proposed amendments Bill tabled before 2014 elections but not dealt with by previous Parliament On 18 June 2014 National Assembly agreed to resume proceedings on Bill 12
12 Clause 1 of Bill definitions (1) Inclusion of definitions in section 1 of authorised share capital, callable capital and issued share capital Authorised share capital is maximum capital Bank may raise Consists of issued share capital + callable capital Issued share capital = part of authorised share capital that is issued Callable capital = authorised share capital less issued share capital d 12
13 Clause 1 of Bill definitions (2) Inclusion of definition of Companies Act - clause 1(b) Amendment of definition of region to refer to new provision on determining scope of operation of DBSA - clause 1(d) 13
14 Clause 2 of Bill deletion of obsolete provision Proposed deletion of section 2(2) of DBSA Act which required Registrar of Companies to enter name of Bank in register of companies and issue a certificate to Bank to that effect Since done after DBSA Act commenced in 1997, obsolete 14
15 Clause 3 of Bill DBSA s scope of operation Though regulations already extended scope of DBSA s operation outside SADC, propose that DBSA Act itself- specifies countries in which DBSA may operate South Africa & other SADC countries enables Minister of Finance to approve by regulation other African countries that DBSA may operate subject to approved annual plan of activities Bank to submit annual plan to Minister for approval in form & on date Minister determines Minister may amend approved plan after consultation with Bank 15
16 New clause in Bill grounds for appointing Board directirs Standing Committee on Finance, NA - proposed new clause (to amend section 7(3) of DBSA Act): (3) Directors shall be appointed on the grounds of their ability and experience in relation to socio-economic development, development finance, business, finance, banking and administration, including in any sphere of government. 16
17 Clause 4 of Bill Alignment with Companies Act Section 8 of DBSA Act sets out the disqualification for directors of Board and in section 8(a) refers to Companies Act, 1973 Clause 4 proposes alignment with terminology in Companies Act,
18 Clause 5 of Bill DBSA s share capital (1) Background on DBSA s share capital Legal instrument Authorised share capital Issued share capital DBSA Treaty 1983 R2 billion When Treaty was concluded, R168 million (South Africa) + R32 million (former TBVC territories) (paid-in capital) DBSA Act, 1997 R5 billion When Act commenced 25 April 1997, R200 million (paid-up shares) DBSA Amendment Bill [B ] - proposed R20 billion & R200 million 18
19 Clause 5 of Bill DBSA s share capital (2) Section 13 of DBSA Act deals with DBSA s share capital Propose to amend section 13 by increasing DBSA s authorised share capital from R5 billion to R20 billion & R200 million (cl 5(a)) changing number of ordinary shares from to (cl 5(a)) enabling Minister of Finance to increase authorised share capital & number of ordinary shares, after consultation with the Board, by Gazette notice (cl 5(b)) 19
20 Clause 5 of Bill DBSA s share capital (3) Propose to also amend section 13 of DBSA by instead of stipulating details in DBSA Act, providing that share certificates for Government as consideration for paid-up share capital must be issued as determined in ministerial regulations (cl 5(b)) requiring shareholder s approval for subscription by shareholders to portion of balance of authorised share capital on request of DBSA s board (clause 5(a) & (b) of Bill) (cl 5(c)) including term issued in s13(5) where reference is made to share capital (cl 5(d)) 20
21 Clause 5 of Bill DBSA s share capital (4) [cl 5(b) to replace new section 13(2A)] NA s Standing Committee proposed amendment to enable Minister to decrease or increase authorised share capital: (2A) The Minister may, after consultation with the board and by notice in the Gazette, adjust the amount of the authorised share capital of the Bank and the number of ordinary shares. 21
22 Clause 6 of Bill Regulation-making provision Propose to amend regulation-making power of Minister of Finance in section 17 of DBSA Act by distinguishing between regulations that must be made and those that may be made enabling Minister to initiate regulations and not only when requested by shareholders or Board omitting enabling regulation on territories of operation of Bank enabling Minister to regulate use of callable capital to calculate leverage ratio of DBSA limiting general regulation-making power, i.e. ancillary/incidental administrative/procedural matter that is necessary to prescribe for implementation/administration of the Act 22
23 Clause 7 of Bill Application of other legislation Section 17 of DBSA Act provides that DBSA is exempt from 1973 Companies Act and that Minister of Finance may apply provisions of Companies Act, Banks Act and other law Bill proposes to remove provision for exemption from Companies Act, since new 2008 Companies Act does not apply to DBSA; and rephrase provision enabling Minister to apply provisions of Companies Act, Banks Act and any other legislation to DBSA 23
24 Clause 8 of Bill Preamble Proposed amendments to Preamble Updating reference to Constitution Adjusting terminology pertaining to Southern Africa 24
25 Long title of Bill Standing Committee, NA - proposed amendments to long title of Bill to reflect proposed amendments in new clause 4 amending grounds for appointing directors clause 5(b) adjusting authorised share capital 25
26 Ri a livhuwa/enkosi/siyabonga/ Re a leboga/dankie/thank you
Development Bank of Southern Africa Amendment Bill [B ]
Development Bank of Southern Africa Amendment Bill [B 2-2014] Briefing of Standing Committee on Finance National Assembly 8 July 2014 Presenters: Mr Lefentse Radikeledi Director: Asset and Liability Management
More informationDBSA s PROJECT PREPARATION UNIT. 01 August 2017
DBSA s PROJECT PREPARATION UNIT 01 August 2017 Overview of the DBSA Infrastructure development value chain Project Preparation Unit Project application process DBSA was created to catalyse economic growth
More informationSTRATEGIES FOR FINANCING INFRASTRUCTURE: DBSA APPROACH TO PROJECT PREPARATION. Thabo Rakoloti: Project Preparation Specialist 23 November 2016
STRATEGIES FOR FINANCING INFRASTRUCTURE: DBSA APPROACH TO PROJECT PREPARATION Thabo Rakoloti: Project Preparation Specialist 23 November 2016 Role of PPU within DBSA PPU solution offering Key achievements
More informationPRICE DEMERS & CO. Barristers, Solicitors & Notaries Public
PRICE DEMERS & CO. Barristers, Solicitors & Notaries Public Incorporation of BVI Business Companies under the BVI Business Companies Act, 2004 1. Introduction The following is a brief summary of the main
More informationBVI Limited Partnership Hedge Funds: Calling Japan
BERMUDA BRITISH VIRGIN ISLANDS CAYMAN ISLANDS CYPRUS DUBAI HONG KONG LONDON MAURITIUS MOSCOW SÃO PAULO SINGAPORE conyersdill.com June 2012 BVI Limited Partnership Hedge Funds: Calling Japan Structuring
More informationCDA BUSINESS PLAN 2014/15. Central Drug Authority
CDA BUSINESS PLAN 2014/15 Central Drug Authority Table of Contents PART 1... 2 1. Foreword by CDA Chairperson... 2 1.1 Introduction... 3 1.2 Business Thrust... 3 1.2.1 Vision... 3 1.2.2. Mission... 3 1.2.3
More informationCENTRALE. Monetary. compared. domestic. million.
CENTRALE BANK VAN ARUBAA Statistical News Release Second Quarter 2012 Date: November 7, 2012 Monetary and financial developments Money and credit In the second quarterr of 2012, the money supply decreased
More informationStrategic Environmental Assessment Implementation Step by Step!
Strategic Environmental Assessment Implementation Step by Step! 2 Brochure Strategic Environmental Assessment Implementation Step by Step! Dear readers, We have designed this Brochure in order to introduce
More informationGOVERNANCE. Governance Structures. Board of Trustees Appointment. Corporate Governance and Compliance Framework. Role. Shareholder GOVERNANCE
GOVERNANCE GOVERNANCE Corporate governance involves the establishment of structures and processes, with appropriate checks and balances that enable members of the NEF s Board of Trustees to discharge their
More informationAide Memoire. Distr.: GENERAL. E/ECA/CWD/7/inf.2 3 May 2011
Distr.: GENERAL E/ECA/CWD/7/inf.2 3 May 2011 UNITED NATIONS ECONOMIC AND SOCIAL COUNCIL ECONOMIC COMMISSION FOR AFRICA African Centre for Gender and Social Development Original: ENGLISH Seventh Session
More information1Q Fornebu, April 29, 2015 Luis Araujo and Svein Stoknes
1Q 2015 Fornebu, April 29, 2015 Luis Araujo and Svein Stoknes Forward-Looking Statements and Copyright This Presentation includes and is based, inter alia, on forward-looking information and statements
More informationSUMMARY TERM SHEET. Sl. Particulars Details 1. Issuer L&T Finance Holdings Limited (the Company / the Issuer / L&TFHL )
SUMMARY TERM SHEET Sl. Particulars Details 1. Issuer L&T Finance Holdings Limited (the Company / the Issuer / L&TFHL ) 2. Date of resolution May 28, 2014 passed by the Board of Directors authorizing the
More informationGAVI ALLIANCE STATUTES 26 March 2008
GAVI ALLIANCE STATUTES 26 March 2008 I. GENERAL PROVISIONS Article 1 Name An independent non-profit foundation within the meaning of Articles 80 et seq. of the Swiss Civil Code is referred to as the GAVI
More informationIC Chapter 4. Indiana Tobacco Use Prevention and Cessation Trust Fund
IC 4-12-4 Chapter 4. Indiana Tobacco Use Prevention and Cessation Trust Fund IC 4-12-4-1 ( by P.L.229-2011, SEC.268.) IC 4-12-4-2 "Fund" defined Sec. 2. As used in this chapter, "fund" refers to the Indiana
More informationESM MANAGEMENT COMMENTS ON BOARD OF AUDITORS ANNUAL REPORT TO THE BOARD OF GOVERNORS. for the period ended 31 December 2015
ESM MANAGEMENT COMMENTS ON BOARD OF AUDITORS ANNUAL REPORT TO THE BOARD OF GOVERNORS for the period ended 31 December 2015 2 EUROPEAN STABILITY MECHANISM Dear Chairperson, I would like to thank you for
More informationMALAWI LAW COMMISSION PRESS RELEASE
MALAWI LAW COMMISSION PRESS RELEASE Following the appointment of a special Law on HIV & AIDS legislation as announced in January, the Law is pleased to inform the nation that the special Law has commenced
More informationEnvironmental, Health and Safety
Environmental, Health and Safety Codes of Practice The Environmental, Health and Safety (EHS) Codes of Practice set forth Zimmer EHS requirements for our business functions and facilities worldwide. In
More informationBy Laws: Spinal Cord Injury Research Fund Board Board Approval May 2, 2014
By Laws: Spinal Cord Injury Research Fund Board Board Approval May 2, 2014 Background/History: The South Carolina Spinal Cord Injury Research Fund (SCIRF) was established in 2000 by amendment (Bill S54
More informationPresentation to Parliamentary Portfolio Committee on Health
Presentation to Parliamentary Portfolio Committee on Health Bill 6 of 2014 Medicines and Related Substances Amendment Bill Presented by: Anele Vutha South African Medical Device Industry Association 29
More informationEuropean but not EU the special case of ESM and EFSF
European but not EU the special case of ESM and EFSF 14 October 2014 Kalin Anev Janse Member of the Management Board Secretary General ESM and EFSF 2 What are the ESM and EFSF? ESM founded in 2012 (EFSF
More informationGHANA GHANA AIDS COMMISSION BILL, BILL, ARRANGEMENT OF SECTIONS
GHANA GHANA AIDS COMMISSION BILL, BILL, 2015 2015 ARRANGEMENT OF SECTIONS Section Ghana AIDS Commission 1. Establishment of the Commission 2. Object of the Commission 3. Functions of the Commission 4.
More informationSubmission to the Senate Community Affairs Legislation Committee inquiry into the Therapeutic Goods Amendment (2016 Measures No.
Submission to the Senate Community Affairs Legislation Committee inquiry into the Therapeutic Goods Amendment (2016 Measures No. 1) Bill 2016 Submitted by: Submitted electronically to: Complementary Medicines
More informationDRAFT FOR PUBLIC COMMENT Guidance Note for ESS9 Financial Intermediaries
The Guidance Notes provide guidance for the Borrower on the application of the Environmental and Social Standards (ESSs), which form part of the World Bank s 2016 Environmental and Social Framework. The
More informationFINAL NATIONAL LIQUOR POLICY PRESENTATION:
FINAL NATIONAL LIQUOR POLICY PRESENTATION: Presentation to SALBA Date: 02 November 2016 Venue: SALBA Offices, Cape Town Presenter: Clementine Makaepea To brief the Portfolio Committee on Trade and Industry
More information1. Introduction. 2. Role of PSI as Pharmacy Regulator
1. Introduction 1.1. I would like to begin by thanking the Committee for inviting the Pharmaceutical Society of Ireland here today to assist in the Committee s on-going scrutiny of the Cannabis for Medicinal
More informationOPIOID EMERGENCY RESPONSE REGULATION
Province of Alberta PUBLIC HEALTH ACT OPIOID EMERGENCY RESPONSE REGULATION Alberta Regulation 99/2017 With amendments up to and including Alberta Regulation 87/2018 Office Consolidation Published by Alberta
More informationSupplement No. 1 published with Extraordinary Gazette No. 65 dated 19 th August, 2016.
CAYMAN ISLANDS Supplement No. 1 published with Extraordinary Gazette No. 65 dated 19 th August, 2016. A BILL FOR A LAW TO AMEND THE MISUSE OF DRUGS LAW (2014 REVISION) TO INCLUDE CANNABIS EXTRACTS AND
More informationRULES OF CONDUCT OF INSIDERS RESPECTING
T RULES OF CONDUCT OF INSIDERS RESPECTING RADING O F SECURITIES OF TFI International lnc. Amended and restated July 2015 Executive Summary As an insider of TFI International Inc. ( TFI International )
More information1. The World Bank-GAVI Partnership and the Purpose of the Review
1. The World Bank-GAVI Partnership and the Purpose of the Review 1.1 The new World Bank Group strategy makes a strong case for an expanded World Bank Group role in global and regional dialogue and collective
More informationFor personal use only
HY18 Result Presentation 13 February 2018 Dig Howitt Brent Cubis CEO & President CFO HY18 Result highlights Strong momentum across developed markets continues Developed market unit growth up 12% Strengthening
More informationIndustry s Perspective on the Status of Medical Device Regulations. FUNDISA Workshop 09 & 10 Oct Anele Vutha SAMED Regulatory Committee
Industry s Perspective on the Status of Medical Device Regulations FUNDISA Workshop 09 & 10 Oct 2014 Anele Vutha SAMED Regulatory Committee Today s Topics: 1. Medical Device Definition - Differences 2.
More informationMemorandum of Understanding on the working relations between the European Commission and the European Stability Mechanism
Memorandum of Understanding on the working relations between the European Commission and the European Stability Mechanism 1- General objectives The European Commission (the Commission ) and the European
More informationOral Health Provisions in Recent Health Reform: Opportunities for Public-Private Partnerships
Oral Health Provisions in Recent Health Reform: Opportunities for Public-Private Partnerships 2010 National Primary Oral Health Conference Tuesday, October 26, 2010 Catherine M. Dunham, Executive Director
More informationReview of Controlled Drugs and Substances Act
Review of Controlled Drugs and Substances Act Canadian Medical Association: Submission to Health Canada in response to the consultation on the Controlled Drugs and Substances Act and its regulations A
More informationFlorida Deaf-Blind Association, Inc. (FDBA) CONSTITUTION AND BL-LAWS
Florida Deaf-Blind Association, Inc. (FDBA) CONSTITUTION AND BL-LAWS MISSION STATEMENT The mission of the Florida Deaf-Blind Association is to enable Deaf-Blind people, including all people with both hearing
More informationSECOND INTERNATIONAL CONFERENCE ON NUTRITION
SECOND INTERNATIONAL CONFERENCE ON NUTRITION Why an ICN2? Only an inter-governmental conference can provide the mandate and the obligations for governments to globally address global problems To identify
More information(English text signed by the State President) as amended by
TOBACCO PRODUCTS CONTROL ACT 83 OF 1993 [ASSENTED TO 23 JUNE 1993] [DATE OF COMMENCEMENT: 1 FEBRUARY 1994] (English text signed by the State President) as amended by General Law Fifth Amendment Act 157
More informationAtlanta Declaration for the Advancement of Women s Right of Access to Information
Atlanta Declaration for the Advancement of Women s Right of Access to Information February 2018 Atlanta, Georgia We, the 100 participants from almost 30 countries, representing governments, multi-stakeholder
More informationIndustry experience in consortium i.e. from BEE party or non-bee partners
A. ENTREPRENEURSHIP FINANCE Imbewu Entrepreneurship Finance would provides risk capital to new businesses and to early stage businesses owned and managed by black people meeting the following criteria:
More informationGuidance for Municipalities Regarding Marijuana for Adult Use January 2018
Guidance for Municipalities Regarding Marijuana for Adult Use January 2018 The following information is provided to assist municipalities by addressing questions related to the regulation of marijuana
More informationConstitution for the National Association to Advance Fat Acceptance, Inc. PREAMBLE
Constitution for the National Association to Advance Fat Acceptance, Inc. PREAMBLE The National Association to Advance Fat Acceptance is a nonprofit, member supported organization composed of determined
More informationGENDER EQUALITY FOR A BETTER URBAN FUTURE. An overview of UN-HABITAT S Gender Equality Action Plan ( ) UN-HABITAT.
UN-HABITAT Ruth McLead GENDER EQUALITY FOR A BETTER URBAN FUTURE UN-HABITAT/Nepal An overview of UN-HABITAT S Gender Equality Action Plan (2008-2013) GENDER Addressing EQUALITY inequalities between men
More informationAct on Narcotic Drugs and Psychotropic Substances and Precursors thereof
Issuer: Riigikogu Type: act In force from: 13.05.2016 In force until: 22.11.2018 Translation published: 06.05.2016 Act on Narcotic Drugs and Psychotropic Substances and Precursors thereof Amended by the
More informationSUSTAINABILITY REVIEW
2017 SUSTAINABILITY REVIEW DRIVING INVESTMENT IN INFRASTRUCTURE COMMITTED TO DEVELOPING ECONOMIC AND SOCIAL INFRASTRUCTURE IN SOUTH AFRICA AND THE REST OF AFRICA Proof 3 August 2 GUIDE Developmen 2 OUR
More informationREGULATION (EC) No.141/2000
REGULATION (EC) No.141/2000 Community legislation in force Document 300R0141 Directory chapters where this document can be found: [15.30 Health promotion] Regulation (EC) No.141/2000 of the European Parliament
More informationCASE STUDY EVALUATION FROM A GENDER PERSPECTIVE MULTI VILLAGE WATER SUPPLY PILOT PROGRAM FOR A SECOND GENERATION COMMUNITY BASED WATER SUPPLY PROJECT
MULTI VILLAGE WATER SUPPLY PILOT PROGRAM FOR A SECOND GENERATION COMMUNITY BASED WATER SUPPLY PROJECT FOR EXPANSION OF EXISTING WATER SUPPLY SYSTEMS ACTIVITY GENDER PERSPECTIVE MULTI VILLAGE WATER SUPPLY
More informationAny items to be debated or voted against must be removed from the Consent Agenda and considered separately.
Item Item of Business and Page Number Squamish-Lillooet Regional Hospital District Board Agenda April 27, 2016; 2:00 PM SLRD Boardroom 1350 Aster Street, Pemberton, BC Page 1. Call to Order We would like
More informationReport to the GAVI Alliance Board 7-8 July 2011
Report to the GAVI Alliance Board 7-8 July 2011 Subject: Report of: Authored by: GAVI Matching Fund for Immunisation David Ferreira, MD, Innovative Finance Paolo Sison, Director, Innovative Finance Agenda
More informationNational Strategy and Action Plan on Gender Equality and Domestic Violence
REPUBLIC OF ALBANIA OF LABOUR, SOCIAL AFFAIRS AND EQUAL OPPORTUNITIES Department of Equal Opportunities Policies National Strategy and Action Plan on Gender Equality and Domestic Violence Prepared : Valbona
More information15050/15 JS/pm 1 DGB 3B
Council of the European Union Brussels, 7 December 2015 (OR. en) 15050/15 SAN 427 OUTCOME OF PROCEEDINGS From: General Secretariat of the Council On: 7 December 2015 To: Delegations No. prev. doc.: 14391/1/15
More informationMANAGEMENT. MGMT 0021 THE MANAGEMENT PROCESS 3 cr. MGMT 0022 FINANCIAL ACCOUNTING 3 cr. MGMT 0023 MANAGERIAL ACCOUNTING 3 cr.
MANAGEMENT MGMT 0021 THE MANAGEMENT PROCESS 3 cr. An introduction designed to emphasize the basic principles, practices, and terminology essential to the understanding of contemporary business and its
More informationExplanatory Memorandum to accompany the following subordinate legislation-
Explanatory Memorandum to accompany the following subordinate legislation- 1. Care Standards Act 2000 (Extension of the Application of Part 2 to Private Dental Practices) (Wales) Regulations 2017, 2. Private
More informationThese Rules of Membership apply in respect of all Products purchased by a Member from Sigma (and any Program Partner) on or after 1 February 2017.
Rules of Membership 1. Introduction These Rules of Membership apply in respect of all Products purchased by a Member from Sigma (and any Program Partner) on or after 1 February 2017. The previously published
More informationAlberta - US Comparator: Standard-Making and Enforcement Functions
Alberta - US Comparator: Standard-Making and Enforcement Functions Current Reliability Standards Below is a link to current reliability standards in Alberta: http://www.aeso.ca/rulesprocedures/17006.html
More informationHILLENBRAND INDUSTRIES INC
HILLENBRAND INDUSTRIES INC FORM 8-K (Unscheduled Material Events) Filed 2/17/2004 For Period Ending 2/13/2004 Address 700 STATE ROUTE 46 E BATESVILLE, Indiana 47006-8835 Telephone 812-934-7000 CIK 0000047518
More informationHEAIDS CONFERENCE 2017
IMPORTANCE OF PARLIAMENT S OVERSIGHT ROLE IN PREVENTION OF HIV AMONG LEARNERS IN PUBLIC SCHOOLS IN SOUTH AFRICA HEAIDS CONFERENCE 2017 Presenter: Moses Mncwabe 09 June 2017 Outline of the presentation
More informationFor personal use only
Cochlear Limited Results for the half year ended 31 December 2011 (H1 F12) Chris Roberts, CEO Neville Mitchell, CFO Cochlear Overview Cochlear Limited (ASX:COH): global leader in implantable devices for
More information(City, State, Zip Code)
This Partner Agency Agreement, dated this day of, 2015, is between COMMUNITY FOOD SHARE, INC. (CFS), whose address is 650 South Taylor Avenue, Louisville, CO 80027, and (Partner Agency) whose address is
More informationREPUBLIC OF SOUTH AFRICA
Government Gazette REPUBLIC OF SOUTH AFRICA Vol. 512 Cape Town 28 February 2008 No. 30821 No. 247 28 February 2008 THE PRESIDENCY It is hereby notified that the President has assented to the following
More informationInnovative Use of Climate financing Instruments
Innovative Use of Climate financing Instruments Current DBSA Involvement in Climate Finance Activities The Green Fund is managed by the Development of Bank of South Africa (DBSA) on behalf of Department
More informationBoiron Group confirms its forecasts for year 2008 : sales increase and growth in current operating income.
2008 FIRST QUARTER ACTIVITY IFRS - In thousands of Euros 2007 2007 2008 constant France (1) 0,000 66,087 65,728-0.5% -0.5% Europe excluding France 0,000 33,221 41,346 +24.5% +23.2% North America 0,000
More informationMEMORANDUM OF UNDERSTANDING
MEMORANDUM OF UNDERSTANDING BETWEEN THE NATIONAL ENERGY BOARD AND THE NORTHERN PIPELINE AGENCY CONCERNING THE PROVISION OF TECHNICAL ADVICE WITH RESPECT TO ENERGY MATTERS PREAMBLE WHEREAS the National
More informationGavi, the Vaccine Alliance - Health System and Immunisation Strengthening (HSIS) Support Framework
Gavi, the Vaccine Alliance - Health System and Immunisation Strengthening (HSIS) Support Framework I. Purpose This Framework sets out the principles and several essential requirements for Gavi s Health
More informationCannabis Regulations Response and Update on Cannabis Legalization
Page 1 of 5 EXECUTIVE SUMMARY On 2018 October 17, Bill C-45, The Cannabis Act, came into force legalizing non-medical cannabis in Canada. Non-medical cannabis is now legal in limited forms, including dried
More informationDECREE. President of Islamic Republic of Afghanistan Regarding the enforcement of Medicine Law
Number: (116) Date: 18 th November 2008 Article 1: DECREE Of President of Islamic Republic of Afghanistan Regarding the enforcement of Medicine Law I, hereby, enforce the Law on Medicine which is approved
More informationMINUTES OF THE ANNUAL SOLVAY S.A. SHAREHOLDERS MEETING On Tuesday, May 10, 2016 at 10:30 a.m.
MINUTES OF THE ANNUAL SOLVAY S.A. SHAREHOLDERS MEETING On Tuesday, May 10, 2016 at 10:30 a.m. The shareholders of the company Solvay S.A. with its corporate offices in Brussels, rue de Ransbeek, no. 310,
More informationESM Pricing Policy. Element of Pricing and Calculation of Interest Rate. 1. Base Rate
ESM Pricing Policy Objective When granting stability support, the ESM shall aim to fully cover its financing and operating costs and shall include an appropriate margin (Art. 20 of the Treaty). The main
More information(Please check against delivery) EMBARGOED FOR 20 APRIL 2017 AT 0900 EST/1500 CET. Ladies and gentlemen,
The European Stability Mechanism - A firewall for the eurozone and first line of defense for global financial stability Klaus Regling, ESM Managing Director Washington DC, 20 April 2017 (Please check against
More informationMedical Devices. SOUTH AFRICA Bowman Gilfillan
Medical Devices SOUTH AFRICA Bowman Gilfillan CONTACT INFORMATION Llewellyn Parker Bowman Gilfillan PO Box 785812, Sandton, 2146 South Africa +27 11 669 9635 l.parker@bowman.co.za www.bowman.co.za 1. Definition
More informationPROJECT INFORMATION DOCUMENT (PID) CONCEPT STAGE Report No.: AB4078 Project Name
PROJECT INFORMATION DOCUMENT (PID) CONCEPT STAGE Report No.: AB4078 Project Name HIV/AIDS Project Region AFRICA Sector Health (60%); Other social services (23%); General public administration sector (10%);Central
More informationCSA Briefing Note Regarding Joint Application against the University and Re-Commencing Collection of CFS/CFS-O Fees
CSA Briefing Note Regarding Joint Application against the University and Re-Commencing Collection of CFS/CFS-O Fees The CSA and University of Guelph undergraduate students have been members of the Canadian
More informationIMPORTANT DISCLAIMER. Note
yn EUROPEAN COMMISSION HEALTH AND CONSUMERS DIRECTORATE-GENERAL June 2012 DRAFT GUIDANCE DOCUMENT FOR COMPETENT AUTHORITIES FOR THE CONTROL OF COMPLIANCE WITH EU LEGISLATION ON: Regulation (EU) No 1169/2011
More informationA Proposal for a Trans Tasman Agency to Regulate Therapeutic Products
A Proposal for a Trans Tasman Agency to Regulate Therapeutic Products Discussion Paper June 2002 A PROPOSAL FOR A TRANS TASMAN AGENCY TO REGULATE THERAPEUTIC PRODUCTS DISCUSSION PAPER JUNE 2002 FOREWORD
More informationCannabis Legalization Proposed Bylaws
2018 April 03 Page 1 of 7 EXECUTIVE SUMMARY On 2017 April 13, the Government of Canada introduced Bill C-45, An Act respecting cannabis and to amend the Controlled Drugs and Substances Act, the Criminal
More informationTHE CROATIAN PARLIAMENT
THE CROATIAN PARLIAMENT 3437 Pursuant to Article 88 of the Constitution of the Republic of Croatia, I hereby issue the DECISION PROMULGATING THE ACT ON PHYSIOTHERAPY PROFESSION I hereby promulgate the
More informationExecutive Board of the United Nations Development Programme, the United Nations Population Fund and the United Nations Office for Project Services
United Nations Executive Board of the United Nations Development Programme, the United Nations Population Fund and the United Nations Office for Project Services Distr.: General 29 September 2011 Original:
More informationApril 2019 NATIONAL POLICY PLATFORM
April 2019 NATIONAL POLICY PLATFORM There are crisis services available 24/7 if you or someone you know is in distress Lifeline: 13 11 14 www.lifeline.org.au people took their own lives in 2017 1 Over
More informationTREATY ESTABLISHING THE EUROPEAN STABILITY MECHANISM (ESM)
Subject: TREATY ESTABLISHING THE EUROPEAN STABILITY MECHANISM (ESM) EN TREATY ESTABLISHING THE EUROPEAN STABILITY MECHANISM (ESM) BETWEEN THE KINGDOM OF BELGIUM, THE FEDERAL REPUBLIC OF GERMANY, THE REPUBLIC
More informationINTRODUCING THE NATIONAL EMPOWERMENT FUND
INTRODUCING THE NATIONAL EMPOWERMENT FUND Vision The National Empowerment Fund s (NEF) vision is to become the leading provider of innovative transformation solutions for an economically inclusive South
More informationSenate Bill No. 481 Committee on Health and Human Services
Senate Bill No. 481 Committee on Health and Human Services CHAPTER... AN ACT relating to disabilities; transforming the Subcommittee on Communication Services for Persons Who Are Deaf or Hard of Hearing
More informationAutism Bill CONTENTS. Bill 10 54/4
Autism Bill CONTENTS 1 Duty to record and provide information on the number of children with autism 2 Duty to consider needs of children with autism in preparing a children and young people s plan 3 Duty
More informationThis document relates to item 5.5 of the provisional agenda
This document relates to item 5.5 of the provisional agenda COP-4/7 Working group on economically sustainable alternatives to tobacco growing (in relation to Articles 17 and 18: provision of support for
More informationORDINANCE NO. City Attorney s Synopsis
Eff: ORDINANCE NO. AN ORDINANCE OF THE COUNCIL OF THE CITY OF BURBANK AMENDING TITLE 3 (BUSINESSES AND LICENSES), TITLE 5 (POLICE AND PUBLIC SAFETY) AND TITLE 10 (ZONING REGULATIONS) OF THE BURBANK MUNICIPAL
More informationOperational Efficiency:
Operational Efficiency: metrics that matter Copyright Altus Ltd 214. All rights reserved. Kevin Okell Consultancy Director 15/5/214 From distribution chain to value chain Ad-valorem pricing driven from
More informationDEPARTMENT OF VETERANS AFFAIRS SUMMARY: The Department of Veterans Affairs (VA) is amending its medical
This document is scheduled to be published in the Federal Register on 03/23/2017 and available online at https://federalregister.gov/d/2017-05799, and on FDsys.gov DEPARTMENT OF VETERANS AFFAIRS 8320-01
More informationRevoking New Zealand s Food Regulatory Measures to be Covered by the Australia New Zealand Food Standards Code. A Discussion Document
Revoking New Zealand s Food Regulatory Measures to be Covered by the Australia New Zealand Food Standards Code A Discussion Document Published in April 2002 by the Ministry of Health PO Box 5013, Wellington,
More informationDEPARTMENT OF VETERANS AFFAIRS SUMMARY: The Department of Veterans Affairs (VA) proposes to amend its medical
This document is scheduled to be published in the Federal Register on 08/05/2016 and available online at http://federalregister.gov/a/2016-18660, and on FDsys.gov DEPARTMENT OF VETERANS AFFAIRS 8320-01
More informationCABINET PROCURING A SUBSTANCE MISUSE & COMMUNITY TREATMENT SERVICE IN RUTLAND
CABINET Report No: 105/2017 PUBLIC REPORT 16 May 2017 PROCURING A SUBSTANCE MISUSE & COMMUNITY TREATMENT SERVICE IN RUTLAND Report of the Director of Public Health Strategic Aim: Safeguarding Key Decision:
More informationNon Performing Assets (NPAs): A Comparative Analysis of SBI and ICICI Bank
Non Performing Assets (NPAs): A Comparative Analysis of SBI and ICICI Bank RAJESHWARI PARMAR Assistant Professor (Finance), Parul Institute of Business Administration, Limda. District: Vadodara Gujarat
More informationInvestor Presentation
ASX:THC B u i l d i n g a M e d i c i n a l C a n n a b i s B u s i n e s s Investor Presentation November 2017 DISCLAIMER The material in this presentation (material) is not and does not constitute an
More informationThe Economic and Social Council, Recalling the United Nations Millennium Declaration13 and the 2005 World Summit Outcome, 1
Resolution 2010/24 The role of the United Nations system in implementing the ministerial declaration on the internationally agreed goals and commitments in regard to global public health adopted at the
More informationTobacco Free Ireland Action Plan
Tobacco Free Ireland Action Plan Tobacco Free Ireland, the report of the Tobacco Policy Review Group, was endorsed by Government, and published in October 2013. It builds on existing tobacco control policies
More informationTRAUMA RECOVERY/HAP OPERATING GUIDELINES
TRAUMA RECOVERY/HAP OPERATING GUIDELINES FOR THE NATIONAL TRAUMA RECOVERY NETWORK, THE TRAUMA RECOVERY NETWORK ASSOCIATIONS, AND THE TRAUMA RECOVERY NETWORK CHAPTERS Operating Guidelines These Operating
More informationThe Nutrition (Amendment) (EU Exit) Regulations 2018
The Nutrition (Amendment) (EU Exit) Regulations 2018 A public consultation Contents Introduction... 3 Why we are consulting... 4 Nutrition and Health Claims... 6 Proposals... 6 Vitamins, minerals, and
More informationDesigning publicly funded healthcare markets Note by the Russian Federation
Organisation for Economic Co-operation and Development DAF/COMP/WP2/WD(2018)42 DIRECTORATE FOR FINANCIAL AND ENTERPRISE AFFAIRS COMPETITION COMMITTEE English - Or. English 5 November 2018 Working Party
More informationA well-managed, coordinated multi-sectoral response to the HIV & AIDS epidemic in the North West province.
PRESENTATION TO THE LOCAL GOVERNMENT & HIV NETWORK LEARNING EVENT 22 APRIL 2008 VISION A well-managed, coordinated multi-sectoral response to the HIV & AIDS epidemic in the North West province. MISSION
More informationGAVI, THE VACCINE ALLIANCE
#vaccineswork GAVI, THE VACCINE ALLIANCE Natasha Bilimoria December 2016 National Academy of Sciences www.gavi.org 1 ABOUT GAVI Gavi s mission: to save children s lives and protect people s health by increasing
More information1. The Working Party on Public Health discussed and agreed the draft Council conclusions as set out in the Annex.
Council of the European Union Brussels, 26 November 2015 (OR. en) 14395/15 SAN 391 NOTE From: To: Subject: General Secretariat of the Council Permanent Representatives Committee/Council Employment, Social
More informationKARUNA DEUTSCHLAND E.V.
STATUTE OF THE ASSOCIATION KARUNA DEUTSCHLAND E.V. Version: 01.04.2017 PREAMBLE Karuna Deutschland e.v. is committed to improving the lives of people who belong to the poorest and most disadvantaged groups
More informationA CASE OF MULTI-SYSTEM FAILURE CHAIRPERSON: PROFESSOR BONGANI M MAYOSI
REPORT OF THE MINISTERIAL TASK TEAM (MTT) TO INVESTIGATE ALLEGATIONS OF ADMINISTRATIVE IRREGULARITIES, MISMANAGEMENT AND POOR GOVERNANCE AT THE HEALTH PROFESSIONS COUNCIL OF SOUTH AFRICA (HPCSA): A CASE
More information