Queensland Consolidated Acts

TAFE QUEENSLAND ACT 2013 - SECT 53

53 Regulation dissolving statutory TAFE institute

(1) This section applies if all the assets and liabilities of a statutory TAFE institute have become the assets and liabilities of another relevant TAFE entity or have been otherwise disposed of by the statutory TAFE institute.

(2) A regulation may—

(a) dissolve the statutory TAFE institute; and

(b) make provision about—

(i) any matter relating to the dissolution for which it is necessary or convenient to make provision; and

(ii) the preparation of the institute’s final statements and report; and

(iii) access to information and documents for preparing the institute’s final statements and report; and

(iv) the entity that is to prepare the institute’s final statements and report.

(3) Subsection (2) (b) (iv) applies despite the Financial and Performance Management Standard 2009 , sections 48 (1) and 53 .

(4) In this section—

"final statements and report" , of a statutory TAFE institute, means its final financial statements and final report under the FA Act , sections 62 and 63 .