Queensland Consolidated Regulations

GOVERNMENT OWNED CORPORATIONS (QTSC RESTRUCTURE--STAGE 2) REGULATION 1997

TABLE OF PROVISIONS

   PART 1--PRELIMINARY

   1.      Short title
   2.      Commencement
   3.      Purpose
   4.      Dictionary

   PART 2--PREPARATORY MATTERS

   5.      Share capital for retail corporations
   6.      Division of share capital for regional corporations and QETC

   PART 3--REGIONAL CORPORATIONS AND QTSC ARE DIVESTED OF RBU AND GET ASSETS AND RELEASED FROM RBU AND GET LIABILITIES

   7.      Regional corporation and QTSC assets and liabilities

   PART 4--TRANSITION TO RETAIL CORPORATIONS

   8.      Application of Act, s 54A to retail corporations
   9.      CERC as successor
   10.     NERC as successor
   11.     SERC as successor
   12.     Instruments about QTSC
   13.     Instruments about regional corporations
   14.     Employees
   15.     Pending proceedings

   PART 5--TRANSFER OF ASSETS AND LIABILITIES

   16.     Transfer of assets and liabilities to retail corporations
   17.     Consideration for transfer of assets to CERC
   18.     Consideration for transfer of assets to NERC
   19.     Consideration for transfer of assets to SERC
   20.     QTSC asset schedule and balance sheet

   PART 6--REGIONAL CORPORATIONS BECOME STATUTORY GOCs AND RETAIL CORPORATIONS BECOME STATUTORY GOC SUBSIDIARIES

   21.     Declaration of GOCs and subsidiaries

   PART 7--FUNCTIONS OF RETAIL CORPORATIONS, REGIONAL CORPORATIONS, QETC AND QTSC

   22.     When part takes effect
   26.     Functions of QTSC

   PART 8--NOMINATION OF REGIONAL CORPORATIONS AND QETC AS CANDIDATE GOCs THAT ARE TO BECOME COMPANY GOCs

   27.     Nomination of regional corporations and QETC

   PART 9--REGIONAL CORPORATIONS AND QETC BECOME COMPANY GOCs

   28.     Declaration of each regional corporation and QETC as GOC

   PART 11--CHANGE OF NAME

   30.     Change of name of QTSC
           SCHEDULE 2 24
           DICTIONARY
           ENDNOTES
           1. Index to endnotes
           2. Date to which amendments incorporated
           3. Key
           4. Table of earlier reprints
           5. List of legislation
           6. List of annotations