Queensland Consolidated Acts Queensland Consolidated Acts(1) The designated disposal activities of the council are its activities that are, or relate to, the disposal of its relevant non-current assets, other than land.
(2) For subsection (1), a relevant non-current asset of the council is a non-current asset the value of which is equal to or above the value set under subsection (3).
(3) The council must act under the finance standards, as if it were a local government, to set an amount below which the value of a non-current asset must be treated as an expense.
(4) In this section--
finance standards means the Local Government Finance Standards under the Local Government Act.