QLDIn ForceAct
Government Owned Corporations Act 1993
sec.72Declaration of entity as GOC
Start here
Get a plain-English read of sec.72
Turn the raw legal text into a practical explanation grounded in Government Owned Corporations Act 1993.
### sec.72 Declaration of entity as GOC
If the Governor in Council is satisfied that—
any corporatisation charter of a candidate GOC has been sufficiently implemented or the candidate GOC is otherwise ready to become a GOC; and
the candidate GOC complies with, or on becoming a GOC will comply with, section 75 ;
the Governor in Council may, by regulation, declare that the candidate GOC is a GOC.
s 72 prev s 72 om 2007 No. 10 s 62 sch
pres s 72 amd 2007 No. 10 s 25
- (a) any corporatisation charter of a candidate GOC has been sufficiently implemented or the candidate GOC is otherwise ready to become a GOC; and
- (b) the candidate GOC complies with, or on becoming a GOC will comply with, section 75 ;