sec.8Administration of scheme

### sec.8 Administration of scheme The trustee’s scheme operations must be based in Queensland. For subsection (1) , the trustee’s scheme operations are based in Queensland only if— the trustee’s registered office, and principal place of business, under the Corporations Act is in Queensland; and each of the following persons ordinarily reside in Queensland— the trustee’s chief executive officer (however called); a majority of the trustee’s directors; a majority of the trustee’s key management personnel who are not mentioned in subparagraph (i) or (ii) ; and the main office of the majority of the trustee’s business areas for the scheme operations is in Queensland. In this section— director , of the trustee, means a director of the trustee within the meaning of the Corporations Act , section 9 . key management personnel , of the trustee, means a member of the trustee’s key management personnel within the meaning of the Corporations Act , section 9 . scheme operations , of the trustee, means the trustee’s operations relating to the administration of the scheme. s 8 amd 1997 No. 21 s 7 sub 2000 No. 52 s 38 ; 2007 No. 7 s 15 ; 2021 No. 20 s 12 (sec.8-ssec.1) The trustee’s scheme operations must be based in Queensland. (sec.8-ssec.2) For subsection (1) , the trustee’s scheme operations are based in Queensland only if— the trustee’s registered office, and principal place of business, under the Corporations Act is in Queensland; and each of the following persons ordinarily reside in Queensland— the trustee’s chief executive officer (however called); a majority of the trustee’s directors; a majority of the trustee’s key management personnel who are not mentioned in subparagraph (i) or (ii) ; and the main office of the majority of the trustee’s business areas for the scheme operations is in Queensland. (sec.8-ssec.3) In this section— director , of the trustee, means a director of the trustee within the meaning of the Corporations Act , section 9 . key management personnel , of the trustee, means a member of the trustee’s key management personnel within the meaning of the Corporations Act , section 9 . scheme operations , of the trustee, means the trustee’s operations relating to the administration of the scheme. - (a) the trustee’s registered office, and principal place of business, under the Corporations Act is in Queensland; and - (b) each of the following persons ordinarily reside in Queensland— (i) the trustee’s chief executive officer (however called); (ii) a majority of the trustee’s directors; (iii) a majority of the trustee’s key management personnel who are not mentioned in subparagraph (i) or (ii) ; and - (i) the trustee’s chief executive officer (however called); - (ii) a majority of the trustee’s directors; - (iii) a majority of the trustee’s key management personnel who are not mentioned in subparagraph (i) or (ii) ; and - (c) the main office of the majority of the trustee’s business areas for the scheme operations is in Queensland. - (i) the trustee’s chief executive officer (however called); - (ii) a majority of the trustee’s directors; - (iii) a majority of the trustee’s key management personnel who are not mentioned in subparagraph (i) or (ii) ; and