Government Owned Corporations Regulation 2004


Queensland Crest
Government Owned Corporations Regulation 2004
Queensland Government Owned Corporations Act 1993 Government Owned Corporations Regulation 2004 Current as at 3 May 2013 Reprint note This is the last reprint before expiry. Expired on 1 September 2014 (see SIA s 54).
Information about this reprint This reprint shows the legislation current as at the date on the cover and is authorised by the Parliamentary Counsel. A new reprint of the legislation will be prepared by the Office of the Queensland Parliamentary Counsel when any change to the legislation takes effect. This change may be because a provision of the original legislation, or an amendment to it, commences or because a particular provision of the legislation expires or is repealed. When a new reprint is prepared, this reprint will become a historical reprint. Also, if it is necessary to replace this reprint before a new reprint is prepared, for example, to include amendments with a retrospective commencement, an appropriate note would be included on the cover of the replacement reprint and on the copy of this reprint at www.legislation.qld.gov.au. The endnotes to this reprint contain detailed information about the legislation and reprint. For example— The table of reprints endnote lists any previous reprints and, for this reprint, gives details of any discretionary editorial powers under the Reprints Act 1992 used by the Office of the Queensland Parliamentary Counsel in preparing it. The list of legislation endnote gives historical information about the original legislation and the legislation which amended it. It also gives details of uncommenced amendments to this legislation. For information about possible amendments to the legislation by Bills introduced in Parliament, see the Queensland Legislation Current Annotations at www.legislation.qld.gov.au/information. The list of annotations endnote gives historical information at section level. All Queensland reprints are dated and authorised by the Parliamentary Counsel. The previous numbering system and distinctions between printed and electronic reprints are not continued.
Queensland Government Owned Corporations Regulation 2004 Contents Part 1 1 2 3 Part 2 4 Part 3 5 6 Part 4 7 Part 5 8 9 10 Schedule 1 Schedule 2 Schedule 3 Part 3 Division 1 45 46 Page Preliminary Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 References to entities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Responsible Ministers may decide limits of entities . . . . . . . . . . . 3 Candidate GOCs Nomination as candidate GOC—Act, s 24 . . . . . . . . . . . . . . . . . . 4 GOCs Declaration of GOCs—Act, s 5. . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Government entity declared a subsidiary—Act, s 2 . . . . . . . . . . . 4 Government entities Government entity prescribed—Act, s 4. . . . . . . . . . . . . . . . . . . . 4 Application of Financial Accountability Act 2009 Definitions for pt 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Purpose of pt 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Application of Financial and Performance Management Standard 2009—Act, s 118 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Candidate GOCs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 GOCs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Applied provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Reporting Financial statements Timing for giving annual financial statements to auditor-general . 8 GOC or prescribed GOC subsidiary to consider auditor-general’s report and comments, observations and suggestions ................................... 9
Government Owned Corporations Regulation 2004 Contents Division 3 49 50 54 Annual reports Annual reports of GOCs and prescribed GOC subsidiaries—Act, s 63 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Contents of annual report. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tabling of documents when Legislative Assembly not sitting . . . . 9 10 11 Endnotes 1 2 3 4 5 6 Index to endnotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Date to which amendments incorporated. . . . . . . . . . . . . . . . . . . . . . Key . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Table of reprints . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . List of legislation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . List of annotations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 12 12 13 14 16 Page 2
Government Owned Corporations Regulation 2004 Part 1 Preliminary [s 1] Government Owned Corporations Regulation 2004 [as amended by all amendments that commenced on or before 3 May 2013] Part 1 Preliminary 1 Short title This regulation may be cited as the Government Owned Corporations Regulation 2004 . 2 References to entities (1) In this regulation, a reference to a government entity is a reference to— (a) the entity when it is nominated to be a candidate GOC or declared to be a subsidiary of a candidate GOC; or (b) if the entity changes during the process of corporatisation of itself or another entity—the entity as it changes from time to time. (2) However, subsection (1) does not apply to a reference to a government entity in section 6 or part 4. 3 Responsible Ministers may decide limits of entities To remove doubt during the process of corporatisation of government entities, the responsible Ministers may decide whether a specified part of a government entity is, or is not, taken to be included in— (a) an entity nominated to be a candidate GOC; or (b) an entity declared to be a subsidiary of a candidate GOC. Current as at 3 May 2013 Page 3
Government Owned Corporations Regulation 2004 Part 2 Candidate GOCs [s 4] Part 2 Candidate GOCs 4 Nomination as candidate GOC—Act, s 24 Each government entity mentioned in schedule 1 is nominated to be a candidate GOC. Part 3 GOCs 5 Declaration of GOCs—Act, s 5 Each government entity mentioned in schedule 2 is a GOC. 6 Government entity declared a subsidiary—Act, s 2 For section 2 of the Act, definition subsidiary , paragraph (a), SPARQ Solutions Pty Ltd ACN 110 073 400 is declared to be a subsidiary of— (a) Energex Limited ACN 078 849 055; and (b) Ergon Energy Corporation Limited ACN 087 646 062. Part 4 Government entities 7 Government entity prescribed—Act, s 4 SPARQ Solutions Pty Ltd ACN 110 073 400 is prescribed for section 4(e) of the Act. Page 4 Current as at 3 May 2013
Part 5 Government Owned Corporations Regulation 2004 Part 5 Application of Financial Accountability Act 2009 [s 8] Application of Financial Accountability Act 2009 8 Definitions for pt 5 In this part— prescribed GOC subsidiary means a GOC subsidiary prescribed under this regulation for the Act, section 118. standard see section 10. 9 Purpose of pt 5 The purpose of this part is to apply certain provisions of the Financial and Performance Management Standard 2009 , made under the Financial Accountability Act 2009 , to GOCs and prescribed GOC subsidiaries. 10 Application of Financial and Performance Management Standard 2009—Act, s 118 (1) The provisions of the Financial and Performance Management Standard 2009 (the standard ) set out in schedule 3 are applied to each GOC and each prescribed GOC subsidiary. (2) The provisions are applied— (a) as in force immediately before the commencement of this section; and (b) with the changes shown in italics to read as set out in schedule 3. (3) Definitions and other interpretative provisions of the Financial Accountability Act 2009 and the standard, as in force immediately before the commencement of this section, apply to the provisions. Current as at 3 May 2013 Page 5
Government Owned Corporations Regulation 2004 Schedule 1 Schedule 1 Candidate GOCs WorkCover Queensland section 4 Page 6 Current as at 3 May 2013
Schedule 2 Government Owned Corporations Regulation 2004 Schedule 2 GOCs section 5 C S Energy Limited ACN 078 848 745 Energex Limited ACN 078 849 055 Ergon Energy Corporation Limited ACN 087 646 062 Far North Queensland Ports Corporation Limited ACN 131 836 014 Gladstone Ports Corporation Limited ACN 131 965 896 North Queensland Bulk Ports Corporation Limited ACN 136 880 218 Port of Townsville Limited ACN 130 077 673 QIC Limited ACN 130 539 123 Queensland Electricity Transmission Corporation Limited ACN 078 849 233 Stanwell Corporation Limited ACN 078 848 674 SunWater Limited ACN 131 034 985 Current as at 3 May 2013 Page 7
Government Owned Corporations Regulation 2004 Schedule 3 Schedule 3 Applied provisions section 10 Part 3 Reporting Division 1 Financial statements 42 Not applied 43 Not applied 44 Not applied 45 Timing for giving annual financial statements to auditor-general (1) This section applies to the annual financial statements for a financial year that a GOC or prescribed GOC subsidiary prepares under the Corporations Act . (2) The GOC or prescribed GOC subsidiary must give the statements to the auditor-general by a date agreed between the GOC or prescribed GOC subsidiary and the auditor-general. (3) The date agreed must allow the audit of the statements, and the report of the auditor-general about the statements, to be completed no later than 2 months after the end of the financial year to which the statements relate. (4) to (9) Not applied . Page 8 Current as at 3 May 2013
Government Owned Corporations Regulation 2004 Schedule 3 46 GOC or prescribed GOC subsidiary to consider auditor-general’s report and comments, observations and suggestions (1) At the first ordinary meeting held by a GOC or prescribed GOC subsidiary after it receives, from the auditor-general, its annual financial statements and the auditor-general’s report on the statements, the GOC or prescribed GOC subsidiary must consider the statements and the report. (2) If the report contains comments, observations or suggestions about anything arising out of an audit, the GOC or prescribed GOC subsidiary must also consider the comments, observations or suggestions. 47 Not applied 48 Not applied Division 3 Annual reports 49 Annual reports of GOCs and prescribed GOC subsidiaries —Act, s 63 (1) An annual report of a GOC or prescribed GOC subsidiary must be given in paper form to its shareholding Ministers within the period starting immediately after the end of the financial year to which the report relates and ending on 15 September (the preparation period ) . (2) Not applied . (3) The shareholding Ministers may extend or further extend, for the financial year, the preparation period for a GOC or prescribed GOC subsidiary by notice given to the GOC or prescribed GOC subsidiary . (3A) The shareholding Ministers must table the annual report in the Legislative Assembly within 15 days after the end of the preparation period mentioned in subsection (1) or extended under subsection (3) . Current as at 3 May 2013 Page 9
Government Owned Corporations Regulation 2004 Schedule 3 (4) However, if the shareholding Ministers extend the preparation period to a period of more than 6 months after the end of the financial year, the shareholding Ministers must, within 14 days after giving the extension, table in the Legislative Assembly a notice stating— (a) the report is being tabled late; and (b) the length of the delay; and (c) the reasons for the delay. (5) and (6) Not applied . (7) A GOC or prescribed GOC subsidiary may prepare an annual report, including the financial statements contained in the report, in electronic form if— (a) copies of the report are also available in paper form; and (b) the electronic form of the report clearly states that copies of the report are also available in paper form and how the copies may be obtained. Example of electronic form a CD-ROM 50 Contents of annual report (1) The annual report of a GOC or prescribed GOC subsidiary must contain the following for the GOC or prescribed GOC subsidiary (a) the information the shareholding Ministers require to enable the Ministers to assess the efficiency, effectiveness and economy of the GOC or prescribed GOC subsidiary and the need for it to continue; (b) a copy of the annual financial statements of the GOC or prescribed GOC subsidiary for the financial year to which the report relates, prepared under the Corporations Act and certified by the authorised auditor; Page 10 Current as at 3 May 2013
Government Owned Corporations Regulation 2004 Schedule 3 (c) the information required under the Government Owned Corporation Act 1993 to be included in the annual report of a GOC or prescribed GOC subsidiary. (2) Subsection (1) is subject to— (a) for a GOC—the Government Owned Corporation Act 1993, section 121; and (b) for a prescribed GOC subsidiary—the Government Owned Corporation Act 1993, section 121 as applied by schedule 4 of that Act to prescribed GOC subsidiaries. 51 Not applied 52 Not applied 53 Not applied 54 Tabling of documents when Legislative Assembly not sitting (1) This section applies if the Legislative Assembly is not sitting when the shareholding Ministers are required, under the standard, to table a document other than a document to which the Parliament of Queensland Act 2001 , section 59 applies. (2) The shareholding Ministers must give a copy of the document to the clerk of the Parliament. (3) The clerk must table the document before the Legislative Assembly on its next sitting day. (4) The document is taken to have been tabled in the Legislative Assembly on the day it is given to the clerk. (5) The day of receipt of the document must be recorded in the votes and proceedings on the next sitting day. (6) If the Legislative Assembly orders the document to be published, the document is taken to have been ordered to be published by the Legislative Assembly on the day the clerk receives it. Current as at 3 May 2013 Page 11
Government Owned Corporations Regulation 2004 Endnotes Endnotes 1 Index to endnotes Page 2 Date to which amendments incorporated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12 3 Key . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12 4 Table of reprints . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 5 List of legislation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14 6 List of annotations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16 2 Date to which amendments incorporated This is the reprint date mentioned in the Reprints Act 1992 , section 5(c). Accordingly, this reprint includes all amendments that commenced operation on or before 3 May 2013. Future amendments of the Government Owned Corporations Regulation 2004 may be made in accordance with this reprint under the Reprints Act 1992 , section 49. 3 Key Key to abbreviations in list of legislation and annotations Key AIA amd amdt ch def div exp gaz hdg ins lap notfd num o in c om orig p para prec pres prev Explanation = Acts Interpretation Act 1954 = amended = amendment = chapter = definition = division = expires/expired = gazette = heading = inserted = lapsed = notified = numbered = order in council = omitted = original = page = paragraph = preceding = present = previous Page 12 Key (prev) proc prov pt pubd R[X] RA reloc renum rep (retro) rv s sch sdiv SIA SIR SL sub unnum Explanation = previously = proclamation = provision = part = published = Reprint No. [X] = Reprints Act 1992 = relocated = renumbered = repealed = retrospectively = revised version = section = schedule = subdivision = Statutory Instruments Act 1992 = Statutory Instruments Regulation 2002 = subordinate legislation = substituted = unnumbered Current as at 3 May 2013
Government Owned Corporations Regulation 2004 Endnotes 4 Table of reprints A new reprint of the legislation is prepared by the Office of the Queensland Parliamentary Counsel each time a change to the legislation takes effect. The notes column for this reprint gives details of any discretionary editorial powers under the Reprints Act 1992 used by the Office of the Queensland Parliamentary Counsel in preparing it. Section 5(c) and (d) of the Act are not mentioned as they contain mandatory requirements that all amendments be included and all necessary consequential amendments be incorporated, whether of punctuation, numbering or another kind. Further details of the use of any discretionary editorial power noted in the table can be obtained by contacting the Office of the Queensland Parliamentary Counsel by telephone on 3237 0466 or email legislation.queries@oqpc.qld.gov.au. From 29 January 2013, all Queensland reprints are dated and authorised by the Parliamentary Counsel. The previous numbering system and distinctions between printed and electronic reprints is not continued with the relevant details for historical reprints included in this table. Reprint No. 1 1A 1B 1C 1D 1E 2 2A 2B 2C 2D 2E 2F 2G 3 3A 4 4A 4B 4C 4D 4E 4F 4G 4H 5 5A 5B Amendments included none 2004 SL No. 202 2004 SL No. 283 2005 SL No. 33 2005 SL No. 59 2005 SL No. 124 2006 SL No. 46 2006 Act No. 42 2006 SL No. 298 2007 Act No. 22 2007 SL No. 168 2007 SL No. 237 2008 SL No. 56 2008 SL No. 92 2008 SL No. 320 2008 SL No. 320 2009 SL No. 59 2009 SL No. 88 2009 SL No. 108 2009 SL No. 88 2009 SL No. 236 2009 SL No. 108 2010 SL No. 134 2010 SL No. 134 2011 SL No. 126 2011 SL No. 157 Current as at 3 May 2013 Effective 27 August 2004 1 October 2004 17 December 2004 18 March 2005 15 April 2005 24 June 2005 24 June 2005 31 March 2006 13 October 2006 8 December 2006 29 June 2007 2 October 2007 14 March 2008 18 April 2008 18 April 2008 30 September 2008 1 October 2008 22 May 2009 19 June 2009 1 July 2009 2 July 2009 30 October 2009 1 January 2010 30 June 2010 1 July 2010 1 July 2010 1 July 2011 19 August 2011 Notes R1E withdrawn, see R2 R2G withdrawn, see R3 R4H withdrawn, see R5 Page 13
Government Owned Corporations Regulation 2004 Endnotes Current as at 3 May 2013 Amendments included 2013 Act No. 19 Notes 5 List of legislation Regulatory impact statements For subordinate legislation that has a regulatory impact statement, specific reference to the statement is included in this list. Explanatory notes All subordinate legislation made on or after 1 January 2011 has an explanatory note. For subordinate legislation made before 1 January 2011 that has an explanatory note, specific reference to the note is included in this list. Government Owned Corporations Regulation 2004 SL No. 166 made by the Governor in Council on 26 August 2004 notfd gaz 27 August 2004 pp 1330–2 commenced on date of notification exp 1 September 2014 (see SIA s 54) Note—The expiry date may have changed since this reprint was published. See the latest reprint of the SIR for any change. amending legislation— Government Owned Corporations Amendment Regulation (No. 2) 2004 SL No. 202 notfd gaz 1 October 2004 pp 393–5 commenced on date of notification Government Owned Corporations Amendment Regulation (No. 3) 2004 SL No. 283 notfd gaz 17 December 2004 pp 1277–85 commenced on date of notification Government Owned Corporations Amendment Regulation (No. 1) 2005 SL No. 33 notfd gaz 18 March 2005 pp 941–2 commenced on date of notification Government Owned Corporations Amendment Regulation (No. 2) 2005 SL No. 59 notfd gaz 15 April 2005 pp 1214–15 commenced on date of notification Government Owned Corporations Amendment Regulation (No. 3) 2005 SL No. 124 notfd gaz 24 June 2005 pp 639–45 commenced on date of notification Government Owned Corporations Amendment Regulation (No. 1) 2006 SL No. 46 notfd gaz 31 March 2006 pp 1282–5 commenced on date of notification Energy Assets (Restructuring and Disposal) Act 2006 No. 42 s 1, pt 8 div 4 date of assent 13 October 2006 Page 14 Current as at 3 May 2013
Government Owned Corporations Regulation 2004 Endnotes commenced on date of assent Government Owned Corporations Amendment Regulation (No. 2) 2006 SL No. 298 notfd gaz 8 December 2006 pp 1739–40 commenced on date of notification Lotteries Amendment Act 2007 No. 22 ss 1–2, 67 sch 2 date of assent 28 May 2007 ss 1–2 commenced on date of assent remaining provisions commenced 29 June 2007 (2007 SL No. 167) Government Owned Corporations Amendment Regulation (No. 1) 2007 SL No. 168 notfd gaz 29 June 2007 pp 1157–65 commenced on date of notification Government Owned Corporations (Bundaberg Port Authority Wind-up) Regulation 2007 SL No. 237 ss 1–2, pt 6 sch 1 notfd gaz 28 September 2007 pp 595–6 ss 1–2 commenced on date of notification remaining provisions commenced 2 October 2007 (see s 2(2)) Government Owned Corporations Amendment Regulation (No. 1) 2008 SL No. 56 pts 1–2 notfd gaz 14 March 2008 pp 1469–72 commenced on date of notification Government Owned Corporations (QPTC Wind-Up) Regulation 2008 SL No. 92 pts 1, 4 notfd gaz 18 April 2008 pp 2085–8 ss 1–2 commenced on date of notification remaining provisions commenced 18 April 2008 (see s 2) Government Owned Corporations Amendment Regulation (No. 2) 2008 SL No. 320 notfd gaz 26 September 2008 pp 539–40 ss 1–2 commenced on date of notification pt 2 commenced 30 September 2008 (see s 2(1)) pt 3 commenced 1 October 2008 (see s 2(2)) remaining provision commenced on date of notification Government Owned Corporations Amendment Regulation (No. 1) 2009 SL No. 59 notfd gaz 22 May 2009 pp 331–3 ss 1–2 commenced on date of notification remaining provisions commenced 22 May 2009 (see s 2) Government Owned Corporations (Queensland Ports Restructure) Regulation 2009 SL No. 88 ss 1, 2(1), (3), 14–16 notfd gaz 19 June 2009 pp 707–11 ss 1–2 commenced on date of notification s 16(2) commenced 2 July 2009 (see s 2(3)) remaining provisions commenced 19 June 2009 (see s 2(1)) Government Owned Corporations Amendment Regulation (No. 2) 2009 SL No. 108 notfd gaz 26 June 2009 pp 831–7 Current as at 3 May 2013 Page 15
Government Owned Corporations Regulation 2004 Endnotes ss 1–2 commenced on date of notification s 11 commenced 1 January 2010 (see s 2(1)) remaining provisions commenced 1 July 2009 (see s 2(2)) Government Owned Corporations (Bundaberg Port) Regulation 2009 SL No. 236 s 1, pt 5 notfd gaz 30 October 2009 pp 657–8 commenced on date of notification Government Owned Corporations Amendment Regulation (No. 1) 2010 SL No. 134 notfd gaz 25 June 2010 pp 823–30 ss 1–2 commenced on date of notification pt 2 commenced 30 June 2010 (see s 2(1)) remaining provisions commenced 1 July 2010 (see s 2(2)) Government Owned Corporations (Generator Restructure) Regulation 2011 SL No. 126 ss 1–2, pt 4 notfd gaz 24 June 2011 pp 534–8 ss 1–2 commenced on date of notification remaining provisions commenced 1 July 2011 (see s 2) Government Owned Corporations Amendment Regulation (No. 1) 2011 SL No. 157 notfd gaz 19 August 2011 pp 939–40 commenced on date of notification Queensland Rail Transit Authority Act 2013 No. 19 ss 1, 120 sch 1 date of assent 3 May 2013 commenced on date of assent 6 List of annotations References to entities s 2 prev s 2 def QPTC amd 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 92 s 7 pres s 2 (prev s 3) amd 2006 SL No. 46 s 3; 2008 SL No. 320 s 5 renum 2008 SL No. 320 s 6 Responsible Ministers may decide limits of entities s 3 (prev s 4) renum 2008 SL No. 320 s 6 Nomination as candidate GOC—Act, s 24 prov hdg sub 2009 SL No. 108 s 4 s 4 (prev s 5) renum 2008 SL No. 320 s 6 PART 3—GOCs pt hdg prev pt 3 hdg sub 2007 SL No. 168 s 3 om 2008 SL No. 320 s 7 pres pt 3 hdg (prev pt 4 hdg) sub 2008 SL No. 320 s 8 Declaration of GOCs—Act, s 5 prov hdg sub 2009 SL No. 108 s 5 Page 16 Current as at 3 May 2013
Government Owned Corporations Regulation 2004 Endnotes s 5 (prev s 41) sub 2008 SL No. 320 s 9 Division 1—Cairns Port Authority div hdg orig div 1 hdg om 2007 SL No. 237 s 14 prev div 1 hdg (prev div 2 hdg) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Government entity declared a subsidiary—Act, s 2 prov hdg amd 2009 SL No. 108 s 6(1) s 6 orig s 6 om 2007 SL No. 237 s 14 prev s 6 (prev s 9) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 pres s 6 (prev s 41A) ins 2006 SL No. 46 s 4 renum 2008 SL No. 320 s 10 amd 2009 SL No. 108 s 6(2) PART 4—GOVERNMENT ENTITIES pt hdg (prev pt 4A hdg) ins 2006 SL No. 46 s 4 renum 2008 SL No. 320 s 11 sub 2010 SL No. 134 s 4 Government entity prescribed—Act, s 4 prov hdg amd 2009 SL No. 108 s 7(1) s 7 orig s 7 om 2007 SL No. 237 s 14 prev s 7 (prev s 10) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 pres s 7 (prev s 41B) ins 2006 SL No. 46 s 4 amd 2008 SL No. 320 s 12(1) renum 2008 SL No. 320 s 12(2) amd 2009 SL No. 108 s 7(2) sub 2010 SL No. 134 s 4; 2013 Act No. 19 s 120 sch 1 PART 5—APPLICATION OF FINANCIAL ACCOUNTABILITY ACT 2009 pt hdg ins 2009 SL No. 108 s 8 Definitions for pt 5 s 8 orig s 8 om 2007 SL No. 237 s 14 prev s 8 (prev s 11) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 pres s 8 ins 2009 SL No. 108 s 8 Change of name to Cairns Ports s 8A ins 2008 SL No. 56 s 3 om 2008 SL No. 320 s 7 Division 2—Central Queensland Ports Authority div hdg (prev div 3 hdg) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Purpose of pt 5 s 9 prev s 9 (prev s 12) renum 2007 SL No. 237 s 13 sch 1 Current as at 3 May 2013 Page 17
Government Owned Corporations Regulation 2004 Endnotes om 2008 SL No. 320 s 7 pres s 9 ins 2009 SL No. 108 s 8 Application of Financial and Performance Management Standard 2009—Act, s 118 s 10 prev s 10 (prev s 13) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 pres s 10 ins 2009 SL No. 108 s 8 Share capital s 11 (prev s 14) amd 2004 SL No. 202 s 3 renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Change of name to Gladstone Ports Corporation s 11A ins 2008 SL No. 56 s 4 om 2008 SL No. 320 s 7 Division 3—Mackay Port Authority div hdg (prev div 4 hdg) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Mackay Port Authority continued s 12 (prev s 15) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Continuation as statutory GOC s 13 (prev s 16) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Share capital s 14 (prev s 17) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Change of name to Mackay Ports s 14A ins 2008 SL No. 56 s 5 om 2008 SL No. 320 s 7 Division 4—Queensland Investment Corporation div hdg (prev div 7 hdg) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Continuation as statutory GOC s 15 (prev s 24) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Share capital s 16 (prev s 25) amd 2005 SL No. 33 s 3 renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Change of name to QIC prov hdg amd 2007 SL No. 237 s 13 sch 1 s 17 orig s 17 (prev s 29) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 92 s 8 Page 18 Current as at 3 May 2013
Government Owned Corporations Regulation 2004 Endnotes prev s 17 ins 2008 SL No. 320 s 4 om 2008 SL No. 320 s 7 Division 5—Queensland Power Trading Corporation div hdg orig div 5 hdg om 2007 SL No. 237 s 13 sch 1 prev div 5 hdg (prev div 9 hdg) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 92 s 8 QPTC continued s 18 orig s 18 om 2007 SL No. 237 s 13 sch 1 prev s 18 (prev s 30) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 92 s 8 Continuation as statutory GOC s 19 orig s 19 om 2007 SL No. 237 s 13 sch 1 prev s 19 (prev s 31) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 92 s 8 Share capital s 20 orig s 20 om 2007 SL No. 237 s 13 sch 1 prev s 20 (prev s 32) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 92 s 8 Functions s 21 orig s 21 om 2007 SL No. 237 s 13 sch 1 prev s 21 (prev s 33) amd 2004 SL No. 283 s 3; 2005 SL No. 59 s 3; 2006 SL No. 298 s 3 renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 92 s 8 Division 6—SunWater div hdg orig div 6 hdg om 2007 SL No. 237 s 13 sch 1 prev div 6 hdg (prev div 10 hdg) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 SunWater continued s 22 orig s 22 om 2007 SL No. 237 s 13 sch 1 prev s 22 (prev s 34) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Continuation as statutory GOC s 23 orig s 23 om 2007 SL No. 237 s 13 sch 1 prev s 23 (prev s 35) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Share capital s 24 (prev s 36) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Functions s 25 (prev s 37) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Current as at 3 May 2013 Page 19
Government Owned Corporations Regulation 2004 Endnotes Division 7—Townsville Port Authority div hdg (prev div 11 hdg) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Townsville Port Authority continued s 26 orig s 26 om 2007 SL No. 237 s 13 sch 1 prev s 26 (prev s 38) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Continuation as statutory GOC s 27 orig s 27 om 2007 SL No. 237 s 13 sch 1 prev s 27 (prev s 39) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Share capital s 28 orig s 28 amd 2005 SL No. 124 s 3 om 2007 SL No. 237 s 13 sch 1 prev s 28 (prev s 40) renum 2007 SL No. 237 s 13 sch 1 om 2008 SL No. 320 s 7 Division 8—Queensland Rail div hdg om 2007 SL No. 237 s 13 sch 1 Change of name to QR s 28A ins 2007 SL No. 168 s 4 om 2007 SL No. 237 s 13 sch 1 Change of name to Port of Townsville s 29 ins 2008 SL No. 56 s 6 om 2008 SL No. 320 s 7 PART 5—APPLICATION OF FINANCIAL ADMINISTRATION AND AUDIT ACT 1977 TO CERTAIN COMPANY GOC SUBSIDIARIES pt 5 (s 42) om 2006 Act No. 42 s 74 PART 6—APPLICATION OF CHAPTER 3 OF ACT TO CERTAIN COMPANY GOC SUBSIDIARIES pt 6 (s 43) om 2006 Act No. 42 s 74 PART 7—REPEAL OF REGULATIONS pt 7 (s 44) om 2008 SL No. 320 s 13 PART 8—CONSEQUENTIAL AMENDMENTS pt 8 (ss 45–46) om R1 (see RA ss 7(1)(k) and 40) SCHEDULE 1—CANDIDATE GOCs sch hdg amd 2008 SL No. 320 s 14 sch 1 amd 2007 SL No. 168 s 5; 2009 SL No. 59 s 4; 2009 SL No. 88 s 15; 2010 SL No. 134 s 5; 2010 SL No. 134 s 6 SCHEDULE 2—GOCs sch hdg sub 2008 SL No. 320 s 15(1) sch 2 amd 2007 Act No. 22 s 67 sch 2; 2007 SL No. 237 s 13 sch 1; 2008 SL No. 320 s 15(2); 2009 SL No. 88 s 16; 2009 SL No. 108 s 9; 2009 SL No. 236 s Page 20 Current as at 3 May 2013
Government Owned Corporations Regulation 2004 Endnotes 14; 2010 SL No. 134 s 7; 2011 SL No. 126 s 14(2); 2011 SL No. 157 s 3; 2013 Act No. 19 s 120 sch 1 SCHEDULE 3—APPLIED PROVISIONS sch 3 prev sch 3 om 2006 Act No. 42 s 75 pres sch 3 ins 2009 SL No. 108 s 10 Annual reports of GOCs and prescribed GOC subsidiaries—Act, s 63 s 49 amd 2009 SL No. 108 s 11 SCHEDULE 4—COMPANY GOC SUBSIDIARIES FOR SECTION 177(1) OF THE ACT om 2006 Act No. 42 s 75 © State of Queensland 2013 Authorised by the Parliamentary Counsel Current as at 3 May 2013 Page 21