Queensland Consolidated Acts Queensland Consolidated Acts(1) This section applies to recommendations about pricing practices, or price monitoring recommendations, contained in a report relating to a monopoly business activity that is a government business activity, other than a significant business activity.
(2) Within 90 days after the Ministers receive a report, the Ministers must—
(a) accept (with or without qualification), or reject, the recommendations; or
(b) accept (with or without qualification) some of the recommendations and reject the other recommendations.
(3) Before making a decision under subsection (2) about a monopoly business activity involving the supply of water, the Ministers must have regard to water pricing determinations and water supply determinations.
(4) As soon as practicable after making a decision under subsection (2), the Ministers must notify the decision and the reasons for the decision by gazette notice.
(5) In this section—
price monitoring recommendations means recommendations about—
(a) whether a price monitoring investigation should be conducted in relation to the monopoly business activity; or
(b) what the nature of a future price monitoring investigation in relation to the activity should be.