government business enterprise (GBE)

(in relation to public sector governance) A Commonwealth entity or Commonwealth company that is prescribed as a GBE by the rules made under the PGPA Act, and so may operate as a profit-making business.

 

The accountable authority of a Commonwealth entity or directors of a Commonwealth company that is a GBE has additional responsibilities, e.g. extra disclosure requirements in section 28F of the PGPA Rule.

Last updated: 17 November 2017