sec.228KMandatory constitutional requirements for GCLC companies

### sec.228K Mandatory constitutional requirements for GCLC companies A GCLC company must have, at all times, a constitution requiring the company’s head office to be located in Queensland. Without limiting subsection (1) , a constitution does not comply with subsection (1) unless it requires— the principal operational offices of the following company officers and personnel, however described, to be located in Queensland— at least 2 of the company’s directors; the chairperson; the senior officer having overall management of the company’s affairs; the senior officer having overall management of the company’s financial affairs; the senior officer having overall management of the company’s lottery operations; the senior officer having overall management of any of the company services mentioned in paragraph (b) (i) to (vii) ; and the principal operational offices for the following company services, however described, to be located in Queensland— distribution, sales and marketing; strategic planning and business and product development; accounting; human resource management; risk management, compliance, audit and regulatory affairs; information technology and related services; administration and corporate services; and the following meetings of the company to be held in Queensland— each annual general meeting; a majority of the board meetings in each year. s 228K ins 2007 No. 22 s 62 (sec.228K-ssec.1) A GCLC company must have, at all times, a constitution requiring the company’s head office to be located in Queensland. (sec.228K-ssec.2) Without limiting subsection (1) , a constitution does not comply with subsection (1) unless it requires— the principal operational offices of the following company officers and personnel, however described, to be located in Queensland— at least 2 of the company’s directors; the chairperson; the senior officer having overall management of the company’s affairs; the senior officer having overall management of the company’s financial affairs; the senior officer having overall management of the company’s lottery operations; the senior officer having overall management of any of the company services mentioned in paragraph (b) (i) to (vii) ; and the principal operational offices for the following company services, however described, to be located in Queensland— distribution, sales and marketing; strategic planning and business and product development; accounting; human resource management; risk management, compliance, audit and regulatory affairs; information technology and related services; administration and corporate services; and the following meetings of the company to be held in Queensland— each annual general meeting; a majority of the board meetings in each year. - (a) the principal operational offices of the following company officers and personnel, however described, to be located in Queensland— (i) at least 2 of the company’s directors; (ii) the chairperson; (iii) the senior officer having overall management of the company’s affairs; (iv) the senior officer having overall management of the company’s financial affairs; (v) the senior officer having overall management of the company’s lottery operations; (vi) the senior officer having overall management of any of the company services mentioned in paragraph (b) (i) to (vii) ; and - (i) at least 2 of the company’s directors; - (ii) the chairperson; - (iii) the senior officer having overall management of the company’s affairs; - (iv) the senior officer having overall management of the company’s financial affairs; - (v) the senior officer having overall management of the company’s lottery operations; - (vi) the senior officer having overall management of any of the company services mentioned in paragraph (b) (i) to (vii) ; and - (b) the principal operational offices for the following company services, however described, to be located in Queensland— (i) distribution, sales and marketing; (ii) strategic planning and business and product development; (iii) accounting; (iv) human resource management; (v) risk management, compliance, audit and regulatory affairs; (vi) information technology and related services; (vii) administration and corporate services; and - (i) distribution, sales and marketing; - (ii) strategic planning and business and product development; - (iii) accounting; - (iv) human resource management; - (v) risk management, compliance, audit and regulatory affairs; - (vi) information technology and related services; - (vii) administration and corporate services; and - (c) the following meetings of the company to be held in Queensland— (i) each annual general meeting; (ii) a majority of the board meetings in each year. - (i) each annual general meeting; - (ii) a majority of the board meetings in each year. - (i) at least 2 of the company’s directors; - (ii) the chairperson; - (iii) the senior officer having overall management of the company’s affairs; - (iv) the senior officer having overall management of the company’s financial affairs; - (v) the senior officer having overall management of the company’s lottery operations; - (vi) the senior officer having overall management of any of the company services mentioned in paragraph (b) (i) to (vii) ; and - (i) distribution, sales and marketing; - (ii) strategic planning and business and product development; - (iii) accounting; - (iv) human resource management; - (v) risk management, compliance, audit and regulatory affairs; - (vi) information technology and related services; - (vii) administration and corporate services; and - (i) each annual general meeting; - (ii) a majority of the board meetings in each year.