Queensland Consolidated Acts Queensland Consolidated Acts(1) A nonprofit corporation is exempt from chapters 4 and 5 if--
(a) the corporation provides or locates--
(i) affordable rental housing under an affordable housing scheme; or
(ii) approved supported accommodation; and
(b) the providing or locating of the housing or accommodation is funded or managed by the Commonwealth, the State or a local government.
(2) Subsection (1) does not apply if the nonprofit corporation is otherwise carrying on the business of a resident letting agent or real estate agent.
(3) To remove any doubt, it is declared that a corporation does not stop being a nonprofit corporation only because it receives a reward for providing its services to another nonprofit corporation.
(4) In this section--
affordable housing scheme see the Residential Tenancies and Rooming Accommodation Act 2008, schedule 2.
approved supported accommodation see the Residential Tenancies and Rooming Accommodation Act 2008, schedule 2.
nonprofit corporation means a corporation formed for a purpose other than the purpose of making a profit.