QLDIn ForceAct
Infrastructure Investment (Asset Restructuring and Disposal) Act 2009
sec.11AChange of status or ownership
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### sec.11A Change of status or ownership
The Minister may, by gazette notice (a GOC declaration ), do any or all of the following—
revoke the declaration of Queensland Rail as a government owned corporation;
revoke the declaration of the Port of Brisbane Corporation as a government owned corporation;
revoke the declaration of the Port of Brisbane Corporation as a port authority under the Transport Infrastructure Act 1994 .
A GOC declaration has effect despite any other law or instrument.
A GOC declaration has effect on the day it is published in the gazette or a later day stated in it.
The cessation, under subsection (1) , of an entity mentioned in the subsection as a government owned corporation or port authority is taken to be a thing done under this Act.
Each of the following is taken to be a thing done under this Act—
the transfer of a share in a declared entity held by another declared entity or the State to any other person;
the issue of a share in a declared entity in accordance with a project direction given to the declared entity or its board.
s 11A ins 2010 No. 11 s 87
(sec.11A-ssec.1) The Minister may, by gazette notice (a GOC declaration ), do any or all of the following— revoke the declaration of Queensland Rail as a government owned corporation; revoke the declaration of the Port of Brisbane Corporation as a government owned corporation; revoke the declaration of the Port of Brisbane Corporation as a port authority under the Transport Infrastructure Act 1994 .
(sec.11A-ssec.2) A GOC declaration has effect despite any other law or instrument.
(sec.11A-ssec.3) A GOC declaration has effect on the day it is published in the gazette or a later day stated in it.
(sec.11A-ssec.4) The cessation, under subsection (1) , of an entity mentioned in the subsection as a government owned corporation or port authority is taken to be a thing done under this Act.
(sec.11A-ssec.5) Each of the following is taken to be a thing done under this Act— the transfer of a share in a declared entity held by another declared entity or the State to any other person; the issue of a share in a declared entity in accordance with a project direction given to the declared entity or its board.
- (a) revoke the declaration of Queensland Rail as a government owned corporation;
- (b) revoke the declaration of the Port of Brisbane Corporation as a government owned corporation;
- (c) revoke the declaration of the Port of Brisbane Corporation as a port authority under the Transport Infrastructure Act 1994 .
- (a) the transfer of a share in a declared entity held by another declared entity or the State to any other person;
- (b) the issue of a share in a declared entity in accordance with a project direction given to the declared entity or its board.