Darussalam Enterprise Act · s 2

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2.
Interpretation
In this Act, unless the context otherwise requires —
“Board” means the Board of Directors referred to in section 5;
“business enterprise” means any entity incorporated, formed or established in Brunei Darussalam or elsewhere, whether or not for profit, and howsoever owned or controlled, and includes —
(a) a corporation, a sole proprietorship, a partnership, a joint venture, a co-operative society, a trust and an association; and
(b) a branch of an enterprise, but does not include a government entity.
“Chairman” means the Chairman of the Board appointed under section 5(2) and includes any temporary Chairman;
“committee” means any committee appointed under section 6(1);
“Darussalam Enterprise” means the Darussalam Enterprise established under section 3;
“Fund” means the Darussalam Enterprise Fund established under section 15;

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“government entity” includes —
(a) the Government;
(b) every entity that is wholly owned (whether directly or indirectly) and wholly controlled by the Government and their wholly owned subsidiaries;
“Managing Director” means the Managing Director of the Darussalam
Enterprise appointed under section 11(1) and includes any temporary
Managing Director;
“member” means any member of the Board;
“Minister” means the Minister responsible for the administration of this Act.

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s 2Interpretation

In this Act, unless the context otherwise requires —

“Board” means the Board of Directors referred to in section 5;

“business enterprise” means any entity incorporated, formed or established in Brunei Darussalam or elsewhere, whether or not for profit, and howsoever owned or controlled, and includes —

(a)

a corporation, a sole proprietorship, a partnership, a joint venture, a co-operative society, a trust and an association; and

(b)

a branch of an enterprise, but does not include a government entity.

“Chairman” means the Chairman of the Board appointed under section 5(2) and includes any temporary Chairman;

“committee” means any committee appointed under section 6(1);

“Darussalam Enterprise” means the Darussalam Enterprise established under section 3;

“Fund” means the Darussalam Enterprise Fund established under section 15;

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“government entity” includes —

(a)

the Government;

(b)

every entity that is wholly owned (whether directly or indirectly) and wholly controlled by the Government and their wholly owned subsidiaries;

“Managing Director” means the Managing Director of the Darussalam

Enterprise appointed under section 11(1) and includes any temporary

Managing Director;

“member” means any member of the Board;

“Minister” means the Minister responsible for the administration of this Act.