Tourism and Events Queensland Act 2012
sec.50Change in membership or transfer not to constitute change in control
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sec.50 Change in membership or transfer not to constitute change in control
If a subsidiary corporation is a party to a contract, lease or licence immediately before the commencement, a change in membership under section 48(2) or transfer under section 48(3) is taken not to constitute a change in control of the subsidiary corporation for the contract, lease or licence. In this section— subsidiary corporation means each of the following— Asia Pacific Screen Awards; Gold Coast Events Company; Gold Coast Events Management. (sec.50-ssec.1) If a subsidiary corporation is a party to a contract, lease or licence immediately before the commencement, a change in membership under section 48(2) or transfer under section 48(3) is taken not to constitute a change in control of the subsidiary corporation for the contract, lease or licence. (sec.50-ssec.2) In this section— subsidiary corporation means each of the following— Asia Pacific Screen Awards; Gold Coast Events Company; Gold Coast Events Management.
- (a) Asia Pacific Screen Awards;
- (b) Gold Coast Events Company;
- (c) Gold Coast Events Management.