QLDIn ForceAct
Workers' Compensation and Rehabilitation Act 2003
sec.391Acquiring and disposing of subsidiaries
Start here
Get a plain-English read of sec.391
Turn the raw legal text into a practical explanation grounded in Workers' Compensation and Rehabilitation Act 2003.
### sec.391 Acquiring and disposing of subsidiaries
WorkCover may do the following only with the prior written approval of the Minister—
form, or participate in the formation of, a company that will become a WorkCover subsidiary;
acquire shares, or participate in any other transaction that will result in a body corporate becoming, or ceasing to be a WorkCover subsidiary.
- (a) form, or participate in the formation of, a company that will become a WorkCover subsidiary;
- (b) acquire shares, or participate in any other transaction that will result in a body corporate becoming, or ceasing to be a WorkCover subsidiary.