Queensland Consolidated Regulations
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LOCAL GOVERNMENT REGULATION 2012 - REG 27
Commercial business unit
(1) As part of the commercialisation of a significant business activity, a
local government must— (a) if the activity is being conducted by a business
unit—convert the business unit to a commercial business unit; or
(b) if the
activity is not being conducted by a business unit—create a
commercial business unit and transfer the activity to the
commercial business unit.
(2) A
"commercial business unit" is a business unit that conducts business in
accordance with the key principles of commercialisation.
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