QLDIn ForceAct
Government Owned Corporations Act 1993
sec.141GOCs and subsidiaries becoming trustees
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### sec.141 GOCs and subsidiaries becoming trustees
A GOC may accept appointment as a trustee of a trust only with the prior written approval of the GOC’s shareholding Ministers.
A GOC subsidiary may accept appointment as a trustee of a trust only with the prior written approval of the shareholding Ministers of the GOC of which it is a subsidiary.
s 141 prev s 141 amd 1999 No. 19 s 3 sch
om 2007 No. 10 s 62 sch
pres s 141 ins 1998 No. 21 s 25
(sec.141-ssec.1) A GOC may accept appointment as a trustee of a trust only with the prior written approval of the GOC’s shareholding Ministers.
(sec.141-ssec.2) A GOC subsidiary may accept appointment as a trustee of a trust only with the prior written approval of the shareholding Ministers of the GOC of which it is a subsidiary.