City of Brisbane Regulation 2012
sec.24Commercial business unit
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sec.24 Commercial business unit
As part of the commercialisation of a significant business activity, the council must— if the activity is being conducted by a business unit—convert the business unit to a commercial business unit; or if the activity is not being conducted by a business unit—create a commercial business unit and transfer the activity to the commercial business unit. A commercial business unit is a business unit that conducts business in accordance with the key principles of commercialisation. (sec.24-ssec.1) As part of the commercialisation of a significant business activity, the council must— if the activity is being conducted by a business unit—convert the business unit to a commercial business unit; or if the activity is not being conducted by a business unit—create a commercial business unit and transfer the activity to the commercial business unit. (sec.24-ssec.2) A commercial business unit is a business unit that conducts business in accordance with the key principles of commercialisation.
- (a) if the activity is being conducted by a business unit—convert the business unit to a commercial business unit; or
- (b) if the activity is not being conducted by a business unit—create a commercial business unit and transfer the activity to the commercial business unit.