Trade and Investment Queensland Act 2013 (Qld)

Trade and Investment Queensland Act 2013

An Act to establish Trade and Investment Queensland and to amend the Industrial Relations Regulation 2011 for related purposes

Part 1 Preliminary

1 Short title This Act may be cited as the Trade and Investment Queensland Act 2013.

2 Commencement The following provisions commence on a day to be fixed by proclamation— (a) parts 3 and 7; (b) schedule 1, definitions asset, employee, employee register, register, Trade Office, transfer, transferable asset, transferable assets and liabilities, transferable employee, transferable instrument, transferable liability, transferable proceeding and transfer day.

3 Object and achieving object (1) The object of this Act is to achieve economic and social benefits for Queensland by facilitating, supporting and encouraging trade, investment and other commercial opportunities for Queensland, including between Queensland and foreign countries. (2) The object is to be primarily achieved by establishing Trade and Investment Queensland.

4 Extraterritorial application of Act (1) This Act applies both within and outside Queensland. (2) This Act applies outside Queensland to the full extent of the extraterritorial legislative power of the Parliament.

5 Dictionary The dictionary in schedule 1 defines particular words used in this Act.

6 References to functions In this Act— (a) a reference to a function includes a reference to a power; and (b) a reference to performing a function includes a reference to exercising a power.

Part 2 Trade and Investment Queensland

Division 1 Establishment, functions and powers

7 Establishment and status (1) Trade and Investment Queensland (TIQ) is established. (2) TIQ— (a) is a body corporate; and (b) has a seal; and (c) may sue and be sued in its corporate name.