Queensland Legislation
Queensland
QUEENSLAND INDUSTRY DEVELOPMENT CORPORATION BILL 1994
QUEENSLAND INDUSTRY
DEVELOPMENT CORPORATION BILL
TABLE OF PROVISIONS
Section Page ist13 PART 1—PRELIMINARY Division 1—Introduction Short title 20... ec eee e eee nee 5
Commencement .... 0.0.0.0... eee ccc eee cette 5
Definitions 2.0.0... 0. cece eet aees 5 Meaning of "consumer" ........ 0.00. eee eee ees 7 PART 2—QIDC Division 1— Continuation of QIDC Continuation of QIDC ...... 2... ee eee eee eens 7 Continuation under this Act does not affect legal personality etc........ 8 Existing legal relationships not affected ............... 0000s eee eee 8
Division 2—Objective
Objective 2.6... ete eee nn ees 9 Division 3—Powers
Powers—general ....... 0... e ccc et eee 9
Powers about finance ..... 1... eee eee 9
Branches and agencies ......... 0... eee eee 11
Loans to co-operative companies .......... 000.000 11
Indemnity 2.0.0.0... 0. eee eee eee 11
QIDC not to provide financial accommodation to consumers........... 12
Queensland Industry Development Corporation 1618 20222426293336 Division 4—Guarantee by State State guarantees QIDC's future liabilities...............0...0..0000. Existing liabilities of QIDC ..... 2.0... eee eee Appropriation of guaranteed amounts ...............0.....000.00005. Guarantee fee... 6.2 eee eee PART 3—DISCLOSURE BY DIRECTORS Division 1—Disclosure of interests Matters QIDC is concerned with ......... 0.0... cee cece eee Interest of director .... 0.0.0... eee eee Register of Relevant Interests. ............. 000000000 cece eee eee Meaning of "minor interest"... 22... eee eee ee Meaning of "relevant particulars" ...........00......0. 0000s Directors to give notice of interests to chief executive officer .......... Board may require further information ....................002..0005. Voting by interested director. ......... 0.0002 Transactions etc. not invalid because of this Division................. Division 2—General duty to disclose information Register of General Disclosures ...........000. 000000 c ee ee eee ee eee General duty to make disclosure ..............0....0. 000 cece eee eee Transactions etc. not invalid because of this Division................. Division 3—Application of GOC Act Certain sections of GOC Act do not apply ...................000000. PART 4—PROVISIONS ABOUT QIDC's EMPLOYEES Disclosure of interests... 2.0... eee eee Superannuation for certain employees ...............00..000 0000000. Continued preservation of leave entitlements ....................0... PART 5—MISCELLANEOUS Application of Freedom of Information Act and Judicial Review Act .... Use of name... eee eee Regulation making power... ....... 0.0.0... c cece eee eee
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