Queensland Consolidated Acts Queensland Consolidated Acts(1) This section applies if all the assets and liabilities of a new water entity (the first entity) have become the assets and liabilities of a relevant water entity or have been otherwise disposed of by the first entity.
(2) A regulation may dissolve the first entity and make provision about any matter for which it is necessary or convenient to make provision about the first entity's dissolution and the preparation of its final statements and report.
(3) Without limiting subsection (2), the regulation may make provision about—
(a) access to information and documents for preparing the first entity's final statements and report; and
(b) the entity that is to prepare the first entity's final statements and report.
(4) Subsection (3)(b) applies despite the Financial and Performance Management Standard 2009, sections 48(1) and 53.
(5) In this section—
final statements and report, of a relevant water entity, means the entity's final financial statements and final report under the Financial Accountability Act 2009, sections 62 and 63.