(1) This division is about beneficial enterprises that are conducted by a local government.
(2) This division does not apply to a business unit of a local government.
(3) A beneficial enterprise is an enterprise that a local government considers is directed to benefiting, and can reasonably be expected to benefit, the whole or part of its local government area.
(4) A local government is conducting a beneficial enterprise if the local government is engaging in, or helping, the beneficial enterprise.