Queensland Consolidated Regulations

LOCAL GOVERNMENT REGULATION 2012 - REG 19

19 Thresholds for significant business activities—Act, s 43

(1) This section prescribes, for section 43 (4) (b) of the Act , the threshold that a business activity must meet to be a significant business activity for a financial year (the
"current financial year" ).

(2) If the business activity is the provision of combined water and sewerage services, the threshold is 10,000 or more premises being connected to a water service as at 30 June of the financial year ending immediately before the current financial year.

Note—

See, however, the South-East Queensland Water (Distribution and Retail Restructuring) Act 2009 .

(3) For a business activity of a type other than the activity mentioned in subsection (2) , the threshold is expenditure of at least $9.7m for the financial year ending immediately before the current financial year.

(4) The Minister must consult with LGAQ Ltd. about a proposed amendment to a threshold mentioned in this section.

(5) In this section—

"combined water and sewerage service" means a service that is the supply of a water service and a sewerage service.

"sewerage service" see the Water Supply (Safety and Reliability) Act 2008 , schedule 3 .