Queensland Consolidated Acts

PROPERTY OCCUPATIONS ACT 2014 - SECT 11

11 Non-profit corporations

(1) A non-profit corporation is exempt from parts 3 and 4 and part 6 , divisions 1 and 2 if—

(a) the corporation provides or locates—

(i) affordable rental housing under an affordable housing scheme; or

(ii) approved supported accommodation; and

(b) the providing or locating of the housing or accommodation is funded or managed by the Commonwealth, a State or a local government.

(2) Subsection (1) does not apply if the non-profit corporation is otherwise carrying on the business of a resident letting agent or property agent.

(3) To remove any doubt, it is declared that a corporation does not stop being a non-profit corporation only because it receives a reward for providing its services to another non-profit corporation.

(4) In this section—

"affordable housing scheme" see the Residential Tenancies and Rooming Accommodation Act 2008 , schedule 2 .

"approved supported accommodation" see the Residential Tenancies and Rooming Accommodation Act 2008 , schedule 2 .

"non-profit corporation" means a corporation formed for a purpose other than the purpose of making a profit.