Queensland Consolidated Acts

CITY OF BRISBANE ACT 2010 - SECT 48

48 Ways to apply the competitive neutrality principle

(1) The competitive neutrality principle may be applied by—

(a) commercialisation of a significant business activity; or

(b) full cost pricing of a significant business activity.

(2)
"Commercialisation" involves creating a new business unit, that is part of the council, to conduct the significant business activity on a commercial basis.

(3)
"Full cost pricing" involves pricing the significant business activity on a commercial basis, but without creating a new business unit.

(4) A regulation may provide for—

(a) matters relating to commercialisation or full cost pricing; or

(b) any other matter relating to the application of the competitive neutrality principle to the significant business activities of the council.