QLDIn ForceAct
Transport Infrastructure Act 1994
sec.438HRelated party access agreements
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### sec.438H Related party access agreements
A network company must not enter into an access agreement with another QR National company unless the agreement has been approved by the board of directors of the network company.
The board of directors of a network company must not approve an access agreement mentioned in subsection (1) unless the board is reasonably satisfied the agreement is on arms-length terms.
In this section—
access agreement see the Queensland Competition Authority Act 1997 , schedule 2 .
s 438H ins 2010 No. 32 s 77
(sec.438H-ssec.1) A network company must not enter into an access agreement with another QR National company unless the agreement has been approved by the board of directors of the network company.
(sec.438H-ssec.2) The board of directors of a network company must not approve an access agreement mentioned in subsection (1) unless the board is reasonably satisfied the agreement is on arms-length terms.
(sec.438H-ssec.3) In this section— access agreement see the Queensland Competition Authority Act 1997 , schedule 2 .