Queensland Consolidated Acts Queensland Consolidated ActsIn this Act—
assets means any legal or equitable right, title, estate or interest (whether present or future and whether vested or contingent) in real or personal property of any description and includes, without limitation, money, liquidated and unliquidated claims, securities, choses in action and documents, instruments or other mercantile indicia or tokens of title.
bank includes an entity that carries on banking business outside Australia and is approved by the Treasurer.
benefit means a financial or other benefit, and includes a benefit that does not involve the payment of cash.
board means the Corporation's board of directors.
chief executive officer means the chief executive officer of the Corporation.
contracts includes deeds, covenants, contracts, agreements, arrangements and undertakings.
Corporation means Queensland Investment Corporation.
Note—
The Corporation is a government owned corporation.
Corporation as trustee of the Investment Trust means the Corporation in its capacity as trustee of the Investment Trust only.
director means a director of the Corporation.
GOC Act means the Government Owned Corporations Act 1993.
Investment Trust means the trust established on 1 July 1988 known as the 'Queensland Treasury Corporation Investment Trust' and which after the commencement of this Act is known as the 'Queensland Investment Corporation Investment Trust'.
liabilities means liabilities, debts and obligations (whether present or future and whether vested or contingent) and includes, without limitation, moneys payable, securities and liquidated and unliquidated claims and documents or instruments.
money means the lawful currency of Australia or any other country.
person includes an unincorporated body.
QTC means Queensland Treasury Corporation.
QTC as trustee of the Investment Trust means QTC in its capacity as trustee of the Investment Trust only.
relative, of a person, means the person's—
(a) spouse; or
(b) parent or remoter lineal ancestor; or
(c) child or remoter issue; or
(d) brother or sister.
shareholding Ministers means the Ministers who are the Corporation's shareholding Ministers under the GOC Act.
transaction includes contract.