Queensland Numbered Acts

GOVERNMENT OWNED CORPORATIONS AMENDMENT ACT 2007 No. 10 - SECT 5

Section 7(2)--

omit, insert--

'(2) A statutory GOC is a GOC that--

(a) was established as a body corporate under an Act before the statutory GOC closing time; and

(b) is not registered under the Corporations Act.

Note--

Each statutory GOC in existence immediately before the statutory GOC closing time is, under section 24(b), a candidate GOC to become a company GOC.'.