QLDIn ForceAct
Government Owned Corporations Act 1993
sec.28Candidate GOC may become GOC following corporatisation charter
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### sec.28 Candidate GOC may become GOC following corporatisation charter
A government entity that is a candidate GOC may become a GOC following the preparation and implementation of a corporatisation charter.
However, in appropriate cases a candidate GOC may become a GOC even if—
it has not fully prepared a corporatisation charter; or
it has prepared, but has not fully implemented, a corporatisation charter; or
it has not prepared or implemented a corporatisation charter.
(sec.28-ssec.1) A government entity that is a candidate GOC may become a GOC following the preparation and implementation of a corporatisation charter.
(sec.28-ssec.2) However, in appropriate cases a candidate GOC may become a GOC even if— it has not fully prepared a corporatisation charter; or it has prepared, but has not fully implemented, a corporatisation charter; or it has not prepared or implemented a corporatisation charter.
- (a) it has not fully prepared a corporatisation charter; or
- (b) it has prepared, but has not fully implemented, a corporatisation charter; or
- (c) it has not prepared or implemented a corporatisation charter.