Under the draft Broadcasting Bill 2006 RT?and Telef�s na Gaeilge would have become companies limited by guarantee, however the final Broadcasting Act 2009 retained their statutory corporation status.
42.
With regard to public boards and statutory corporations, excluding banks and financial institutions, Joint Consultative Committees ( JCCs ) that acted as advisory bodies to managing directors were created.
43.
The organisation obtained secure footing through the 1907 National Trust Bill, which gave the trust the status of a statutory corporation . and the bill was passed in August 1907.
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The main difference between this and a chartered corporation is that a statutory corporation has no power to do something that is not aligned with its defined aims and objectives.
45.
The banking reforms split the banks ( usually local and community owned saving banks, as a statutory corporation ) into limited company and holding company ( or banking foundation ).
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The statutory corporation form of governance has fallen out of favour recently, with it being seen as less transparent and less commercially free than the limited company ( see below ).
47.
The non-settlers'land development schemes are plantations ownedby various statutory corporations either directly or through wholly-ownedsubsidiary corporations while the traditional plantations pioneered by theBritish colonial investors are now owned by Malaysian corporations.
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The statutory corporation form has been retained, however the new Act no longer refers to the board of RT?as an " Authority " and it is now simply known as the Board.
49.
Full control was taken on 1 October 2003 by changing the shareholding of V / Line, making the government the sole shareholder via a recently created statutory corporation, V / Line Passenger Corporation.
50.
Transport for London is now the statutory corporation responsible for most aspects of the transport system in Greater London, and is run by a board and a commissioner appointed by the Mayor of London.
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