Government entities of Guelphia
Function and role
A crown enterprise is a company registered under the terms of the Companies Act, and whose shareholders are Ministers of the Crown. The day-to-day management of the crown enterprise is conducted at arms length of the government, with a chief executive appointed by a board of directors just like any publicly listed company. As with others types of crown corporations, crown enterprises are not part of the Guelphian Civil Service, nor are they a crown statutory agency.
List of crown enterprises
Currently, there are five crown enterprises in Guelphia.
- Arrow Electricity
- Australis Electricity
- Guelphian Airways Corporation
- Pacific Electricity
- Telecom Guelphia
References and notes
- Companies Act (Public Act No. 33 of 1961).
- The Electricity Commission was broken up in 1994, with it's functions split between a new distribution monopoly in PowerGrid, and three electricity generating crown enterprises in Arrow Electricity, Australis Electricity, and Pacific Electricity. The commission was formally dissolved on the 31 December 1994.