QLDIn ForceAct
Government Owned Corporations Act 1993
sec.17Key objectives of GOC under corporatisation
Start here
Get a plain-English read of sec.17
Turn the raw legal text into a practical explanation grounded in Government Owned Corporations Act 1993.
### sec.17 Key objectives of GOC under corporatisation
Under corporatisation the key objectives of a GOC are to be commercially successful in the conduct of its activities and efficient in the delivery of its community service obligations.
The commercial success and efficiency of a GOC are to be measured against its financial and non-financial performance targets.
(sec.17-ssec.1) Under corporatisation the key objectives of a GOC are to be commercially successful in the conduct of its activities and efficient in the delivery of its community service obligations.
(sec.17-ssec.2) The commercial success and efficiency of a GOC are to be measured against its financial and non-financial performance targets.