SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 36A
Terms of membership
SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 36A
Terms of membership
36A Terms of membership
(1) A board member holds office on the terms of appointment provided for under
a participation agreement of the distributor-retailer, and subject to this
Act.
(2) A councillor-member can not receive, and the distributor-retailer
can not confer, a benefit on a councillor-member—
(a) by way of remuneration
as the holder of that office; or
(b) in connection with retirement from or
other ending of the office.
(3) However, the councillor-member may receive a
benefit conferred on the member under LGA 2009 or CBA 2010 .
(4) For applying
CBA 2010 under subsection (3) , the relevant provisions of those Acts apply as
if a reference to a corporate entity of the relevant council included a
reference to a distributor-retailer.
Note—
For LGA 2009 , see the Local
Government (Operations) Regulation 2010 , section 43.
(5) An independent
member may receive from a distributor-retailer, and a distributor-retailer may
confer on an independent member, a benefit for the following only if it
complies with the participation agreement—
(a) remuneration as the holder of
that office;
(b) a matter for, or in connection with, retirement from or
other ending of the office.
(6) A purported benefit conferred or received
that can not be made under this section is of no effect.
(7) In this
section—
"benefit" means a payment made or an interest in property or other valuable
consideration or benefit given or transferred.