Queensland Consolidated Acts Queensland Consolidated Acts(1) A regulation may--
(a) define the expression 'entity'; or
(b) make provision for or in relation to determining whether or not an entity controls another entity.
(2) Before a regulation is made under subsection (1), the Minister must consult with the auditor-general about the proposed regulation.
(3) Subject to any regulation made under subsection (1), if a prescribed accounting standard--
(a) defines the expression 'entity'--the definition in the standard also has effect for the purposes of this Act; or
(b) includes a provision because of which an entity is taken to control an entity for the purposes of the standard--the first entity is taken to control the other entity for the purposes of this Act.