Local Government (Enterprises) Regulation 1992

Queensland Local Government Act 1936 LOCAL GOVERNMENT (ENTERPRISES) REGULATION 1992 Reprinted as in force on 1 December 1992 (Regulation not amended up to this date) Reprint No. 1 This reprint is prepared by the Office of the Queensland Parliamentary Counsel Warning—This reprint is not an authorised copy

Information about this reprint This regulation is reprinted as at 1 December 1992. See Endnotes for— • details about when provisions commenced; and • any provisions that have not commenced and are not incorporated in the reprint.

Queensland LOCAL GOVERNMENT (ENTERPRISES) REGULATION 1992 TABLE OF PROVISIONS Section Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2 Commencement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3 Meaning of “net surplus on trading activities” . . . . . . . . . . . . . . . . . . . . . . . 3 4 Limit of commitment to enterprises . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 SCHEDULE . . . . . . . . . . . . . . . . . . . . . . . . . 5 COMPONENTS OF A LOCAL AUTHORITY’S OWN SOURCE REVENUE ENDNOTES 1 Index to Endnotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 2 Date to which amendments incorporated . . . . . . . . . . . . . . . . . . . . . 6 3 List of legislation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

3 Local Government (Enterprises) Regulation 1992 LOCAL GOVERNMENT (ENTERPRISES) REGULATION 1992 [reprinted as in force on 1 December 1992 2 ] ˙ Short title 1. This regulation may be cited as the Local Government (Enterprises) Regulation 1992 3 . ˙ Commencement 2. This regulation commences on 24 August 1992. ˙ Meaning of “net surplus on trading activities” 3.(1) “Net surplus on trading activities” is the surplus of all transfers to the general fund from undertaking funds less any transfers from the general fund to undertaking funds. (2) If transfers from the general fund to undertaking funds exceed transfers from undertaking funds to the general fund, the amount is taken to be zero. ˙ Limit of commitment to enterprises 4. For the purposes of Part 11A of the Act— (a) the components of a local authority’s own source revenue prescribed under section 52G(2)(a) of the Act are set out in the Schedule; and (b) 5% of a local authority’s own source revenue is prescribed under section 52G(2)(b) of the Act as the maximum amount of commitment to enterprises in a financial year; and

4 Local Government (Enterprises) Regulation 1992 (c) 3 years is prescribed under section 52G(4) of the Act as the maximum number of years for which a local authority may carry forward uncommitted amounts.

5 Local Government (Enterprises) Regulation 1992 S ¡ CHEDULE † COMPONENTS OF A LOCAL AUTHORITY’S OWN SOURCE REVENUE section 4(a) 1. General rates, differential general rates and minimum amount of the general rate. 2. Ex gratia receipts. 3. Licence, permit and other authority fees. 4. Fines. 5. Charges other than— (a) separate charges; and (b) charges for water, sewerage and cleansing. 6. Interest. 7. Net surplus on trading activities.

6 Local Government (Enterprises) Regulation 1992 † ENDNOTES ´ 1 Index to Endnotes Page 2 Date to which amendments incorporated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 3 List of legislation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 ´ 2 Date to which amendments incorporated This is the day mentioned in section 5(c) of the Reprints Act 1992 . However, no amendments have commenced operation before that day. Future amendments of the Local Government (Enterprises) Regulation 1992 may be made in accordance with this reprint because of section 49 of the Reprints Act 1992 . ´ 3 List of legislation Local Government (Enterprises) Regulation 1992 SL No. 258 notfd Gaz 21 August 1992 pp 2949–51 ss 1–2 commenced on date of notification remaining provisions commenced 24 August 1992 (see s 2)