Queensland Subordinate Legislation as Made
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LOCAL GOVERNMENT (BENEFICIAL ENTERPRISES AND BUSINESS ACTIVITIES)
REGULATION 2010 NO. 123
TABLE OF PROVISIONS
Contents
CHAPTER 1--INTRODUCTION
1. Short title
2. Commencement
3. Simplified outline of main provisions of regulation
4. Definitions
CHAPTER 2--BENEFICIAL ENTERPRISES
5. Planning for a beneficial enterprise with the private sector
6. Approval for a local government to invest in a beneficial enterprise
CHAPTER 3--BUSINESS REFORM
Part 1--Introduction
7. What ch 3 is about
8. Reforming a significant business
Part 2--Identifying significant businesses for reform
Division 1--Identifying significant business for reform
9. Thresholds for significant businesses—Act, s 43(4)(b)
10. Identifying significant business for reform—Act, s 45
Division 2--Assessing significant business for reform
11. What div 2 is about
12. Deciding how to conduct an assessment
13. Consultation process for assessment
14. Public benefit assessment for type 1 and type 2 significant businesses
15. Reporting on an assessment
16. Complying with guidelines
17. Public notice of assessment report
18. Timetable for change
Part 3--Full cost pricing
19. What pt 3 is about
20. Full cost pricing
21. Cost of community service obligations
22. Community service obligations
23. Taking account of government taxes
Part 4--Commercialisation
Division 1--Introduction
24. What pt 4 is about
Division 2--Converting and creating commercial business units
25. Commercial business unit
26. What are the key principles of commercialisation
27. Converting a business unit to a commercial business unit
28. Creating a commercial business unit
Division 3--Corporate plan, operational plan and annual report
29. What div 3 is about
30. Corporate plan
31. Operational plan
32. Annual report
Part 5--Corporatising a significant business
Division 1--Introduction
33. What pt 5 is about
Division 2--Corporatisation process
Subdivision 1--Constitution and corporatisation plan
34. What sdiv 1 is about
35. Committee to oversee corporatisation
36. Preparing constitution and corporatisation plan
37. Approving constitution and corporatisation plan
38. Amending constitution and corporatisation plan
39. Public access to constitution and corporatisation plan
40. Expiry of corporatisation plan
Subdivision 2--Interim entity
41. What sdiv 2 is about
42. Establishment of interim entity
43. Resolution for interim entity
44. Interim board of directors for interim entity
45. Application of particular provisions about directors and executives to interim entities
46. Assistance to interim entities
47. Share capital and issue of shares
Subdivision 3--Resolution for corporatisation
48. What sdiv 3 is about
49. Resolution to bring a corporate entity to life
Part 6--Corporate entities
Division 1--Key principles of corporatisation
50. Application of key principles of corporatisation
51. What are the key principles of corporatisation
Division 2--Directors and employees of a corporate entity
Subdivision 1--Introduction
52. What div 2 is about
Subdivision 2--Board of directors
53. Establishing board
54. Appointing directors to the board
55. Appointing the chairperson and deputy chairperson
56. Appointing an acting director
57. Ending a director's appointment
Subdivision 3--Meetings and other business of the board
58. Meetings of the board
59. Resolution without a meeting of the board
60. Delegation by board
Subdivision 4--Chief executive officer
61. Chief executive officer
62. Appointing the chief executive officer
63. Appointing an acting chief executive officer
64. Ending the chief executive officer's appointment
Subdivision 5--Other employees
65. What sdiv 5 is about
66. Appointing other employees
Subdivision 6--Provisions applying to all employees
67. Corporate entity super schemes
68. LG super scheme
69. Preserving entitlements of local government employees
70. Work performance arrangements
71. Who are not employees
Subdivision 7--Dual service
72. Dual service for directors of corporate entities
73. Restrictions on dual service
Division 3--Share capital, shares and shareholder
74. What div 3 is about
75. Shares and shareholder of a corporate entity
76. Shareholder delegates
77. Shareholder delegates who act honestly and without negligence are protected from liability
78. Varying share capital of a corporate entity
79. Transferring shares in a corporate entity
80. Shareholder monitoring of corporate entities
Division 4--Dividends of a corporate entity
81. What div 4 is about
82. First dividend
83. Full year dividend
84. Half year dividend
85. Amount of dividend
Division 5--Shareholder directions to a corporate entity
86. What div 5 is about
87. Direction prohibiting disposal of assets
88. Directions in public interest
89. Corporate entity may direct subsidiary
90. Complying with directions
Division 6--Documents of corporate entity
Subdivision 1--Corporate documents
91. What sdiv 1 is about
92. What is a statement of corporate intent
93. What is a corporate plan
94. Preparing and approving a draft corporate document
95. Changing a corporate document
Subdivision 2--Reports to shareholder
96. What sdiv 2 is about
97. What is a quarterly report
98. What is an annual report
99. Annual report for corporate entity providing water or sewerage services
100. Reporting to shareholder
101. Reporting suspected insolvency
Subdivision 3--Public access to documents
102. What sdiv 3 is about
103. Public access to documents
Subdivision 4--Legal provisions
104. Councillors or employees who act honestly and without negligence are protected from liability
105. Authentication of documents
106. Giving documents to a corporate entity
Division 7--Finances of a corporate entity
107. Guarantee
108. Liability of local government
Division 8--Changing a corporate entity
109. Changing responsibilities or name of corporate entity
110. Disposing of main business activities
Division 9--Subsidiary corporate entity
111. Forming subsidiary corporate entities
Division 10--Legal provisions
112. Geographical application of div 10
113. Legal proceedings by or against a corporate entity
114. Powers of a corporate entity
115. Assumptions when dealing with corporate entity
116. When particular resolutions take effect
117. How corporatisation affects existing legal relationships
CHAPTER 4--CODE OF COMPETITIVE CONDUCT
118. What ch 4 is about
119. Elements of code of competitive conduct
120. Applying the competitive neutrality principle
121. Estimated activity statement
122. Activity statement
123. Cost of community service obligations
124. Particular roads activities not to include community service obligations
125. Building certifying activity—Act, s 47(4)(b)
126. Prescribed business activities—Act, s 47(7)
CHAPTER 5--WATER AND SEWERAGE SERVICES
127. What ch 5 is about
128. Full cost recovery for water and sewerage services
CHAPTER 6--COMPETITIVE NEUTRALITY COMPLAINTS
Part 1--Introduction
129. What ch 6 is about
Part 2--Complaint process
Division 1--Introduction
130. Application of pt 2
131. Minimum requirements for complaint process
Division 2--Process before investigation
132. What div 2 is about
133. Making a complaint
134. Appointing a referee
135. Referee requiring further information
136. Referee refusing to investigate
137. Notice of intention to investigate
Division 3--Process for investigation
138. What div 3 is about
139. Referee's conduct when investigating
140. Matters the referee must consider when investigating
141. Documents for investigation
142. Confidential information
Division 4--Process after investigation
143. What div 4 is about
144. Referee's report on investigation
145. Required matters for referee's report
146. Public access to report
147. Information to persons given an investigation notice
148. Local government response to referee's report
149. Protection from liability of referee or person assisting referee
Part 3--References to QCA
150. What pt 3 is about
151. Who may refer and grounds for reference
152. Making a reference
153. Request for referee's documents
154. Further information to support reference
155. Matters QCA must consider
156. Procedures for dealing with references
157. Report on reference
158. Required matters for QCA's report
159. Public access to report
160. Information to persons given an investigation notice
161. Local government decision about report
Part 4--Accreditation
Division 1--Introduction
162. What pt 4 is about
163. Purpose of accreditation
164. Business activities to which the code of competitive conduct applies
Division 2--Process before investigation
165. Applying for accreditation
166. Notice before investigation starts
Division 3--Process for investigation
167. Procedures for investigations
168. Matters QCA must consider
169. Decision on application
170. Conditions on grant of accreditation
Division 4--Process after investigation
171. Notice of decision
172. Surrendering accreditation
173. Cancelling accreditation
174. List of accreditations
Part 5--Miscellaneous provisions
175. Register
176. Annual report to include summary of complaints and decisions by local government
CHAPTER 7--TRANSITIONAL PROVISION
177. New type 1 or 2 business activities
SCHEDULE 1 -- PRICING PROVISIONS
1. Definitions for sch 1
2. Required revenue for deciding charges
3. Different charges for commercial reasons
4. Total costs of conducting relevant activity
5. Allocation of administrative and overhead costs
6. Cost of resources used in conducting activity
7. Depreciation
8. Equivalent amounts for taxes local government is not liable to pay
9. Guarantees by State
10. Return on capital
SCHEDULE 2 -- DICTIONARY
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