Queensland Consolidated Acts Queensland Consolidated Acts(1) A State electricity entity must comply with a direction given to it by the Ministers.
(2) A direction must be in writing and signed by the Ministers.
(3) The Ministers may give a direction only if they are satisfied it is necessary or convenient to help or give effect to the objects of the Act, the restructuring of the Queensland electricity supply industry, reforms concerning the Queensland electricity supply industry or to ensure a financially viable Queensland electricity supply industry.
(4) The board of a State electricity entity must implement a direction given under subsection (1) but an act or decision of the board is not invalid merely because of a failure to comply with the direction.
(5) A regulation may declare the following entities that are not State electricity entities, to be a State electricity entity for this section—
(a) a GOC;
(b) a subsidiary of a GOC;
(c) a government company;
as long as the business, or part of the business, of the relevant entity was, at some time carried on, in whole or in part, by a business unit, division or branch of a State electricity entity or State electricity entities.
(6) In this section—
Ministers means the Minister who administers this Act and the Minister who administers the Government Owned Corporations Act 1993.