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Queensland Future Fund (Titles Registry) Act 2021
sec.19Minister may decide arrangements
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### sec.19 Minister may decide arrangements
The Minister may decide the arrangements that are to apply to the State and the operator to help achieve the main purpose of this Act through the performance of the operator’s functions mentioned in section 8 (1) .
For subsection (1) , the Minister may decide—
the most appropriate way for the State to hold an interest in the operator, including, for example, by deciding whether shares in the operator are to be transferred to another entity with or without consideration; and
the assets, liabilities, rights, responsibilities, obligations and operations of the State or an official that are to be transferred to the operator; and
anything else necessary or incidental to facilitate the operation of the operator in a way that achieves the main purpose of this Act.
(sec.19-ssec.1) The Minister may decide the arrangements that are to apply to the State and the operator to help achieve the main purpose of this Act through the performance of the operator’s functions mentioned in section 8 (1) .
(sec.19-ssec.2) For subsection (1) , the Minister may decide— the most appropriate way for the State to hold an interest in the operator, including, for example, by deciding whether shares in the operator are to be transferred to another entity with or without consideration; and the assets, liabilities, rights, responsibilities, obligations and operations of the State or an official that are to be transferred to the operator; and anything else necessary or incidental to facilitate the operation of the operator in a way that achieves the main purpose of this Act.
- (a) the most appropriate way for the State to hold an interest in the operator, including, for example, by deciding whether shares in the operator are to be transferred to another entity with or without consideration; and
- (b) the assets, liabilities, rights, responsibilities, obligations and operations of the State or an official that are to be transferred to the operator; and
- (c) anything else necessary or incidental to facilitate the operation of the operator in a way that achieves the main purpose of this Act.