QLDIn ForceAct
Government Owned Corporations Act 1993
sec.47Responsible Ministers may give directions to candidate GOC about charter implementation
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### sec.47 Responsible Ministers may give directions to candidate GOC about charter implementation
The responsible Ministers of a candidate GOC may give the candidate GOC written directions in relation to the candidate GOC and its subsidiaries that appear to them to be necessary or desirable to enable the candidate GOC’s corporatisation charter to be implemented.
Without limiting subsection (1) , if a charter administration committee has been appointed for the candidate GOC, the responsible Ministers may direct the candidate GOC—
to give to the committee information about the candidate GOC and its subsidiaries that the committee considers necessary or desirable for the implementation of the candidate GOC’s corporatisation charter; or
to permit the committee to have access to records and other documents about the candidate GOC and its subsidiaries that the committee considers necessary or desirable for the implementation of the candidate GOC’s corporatisation charter; or
to take steps that the committee considers necessary or desirable for the implementation of the candidate GOC’s corporatisation charter.
The candidate GOC must ensure that a direction given to it under this section is complied with in relation to itself and must, as far as practicable, ensure that it is also complied with in relation to its subsidiaries.
In this section—
subsidiary includes proposed subsidiary.
(sec.47-ssec.1) The responsible Ministers of a candidate GOC may give the candidate GOC written directions in relation to the candidate GOC and its subsidiaries that appear to them to be necessary or desirable to enable the candidate GOC’s corporatisation charter to be implemented.
(sec.47-ssec.2) Without limiting subsection (1) , if a charter administration committee has been appointed for the candidate GOC, the responsible Ministers may direct the candidate GOC— to give to the committee information about the candidate GOC and its subsidiaries that the committee considers necessary or desirable for the implementation of the candidate GOC’s corporatisation charter; or to permit the committee to have access to records and other documents about the candidate GOC and its subsidiaries that the committee considers necessary or desirable for the implementation of the candidate GOC’s corporatisation charter; or to take steps that the committee considers necessary or desirable for the implementation of the candidate GOC’s corporatisation charter.
(sec.47-ssec.3) The candidate GOC must ensure that a direction given to it under this section is complied with in relation to itself and must, as far as practicable, ensure that it is also complied with in relation to its subsidiaries.
(sec.47-ssec.4) In this section— subsidiary includes proposed subsidiary.
- (a) to give to the committee information about the candidate GOC and its subsidiaries that the committee considers necessary or desirable for the implementation of the candidate GOC’s corporatisation charter; or
- (b) to permit the committee to have access to records and other documents about the candidate GOC and its subsidiaries that the committee considers necessary or desirable for the implementation of the candidate GOC’s corporatisation charter; or
- (c) to take steps that the committee considers necessary or desirable for the implementation of the candidate GOC’s corporatisation charter.