Queensland Consolidated Acts Queensland Consolidated ActsCorporatisation is a structural reform process for nominated government entities that--
(a) changes the conditions and (where required) the structure under which the entities operate so that they operate, as far as practicable, on a commercial basis and in a competitive environment; and
(b) provides for the continued public ownership of the entities as part of the process; and
(c) allows the State, as owner on behalf of the people of Queensland, to provide strategic direction to the entities by setting financial and non-financial performance targets and community service obligations.