Queensland Consolidated Acts Queensland Consolidated Acts(1) A public benefit assessment for a type 1 or new type 1 business activity must consider how the activity should be carried on by--
(a) reviewing the appropriateness of each of the following reforms for the activity--
(i) corporatisation of the activity;
(ii) commercialisation of the activity;
(iii) full cost pricing for the activity; and
(b) concluding whether or not and, if so, to what extent, the benefits that would be realised from implementation of the reforms mentioned in paragraph (a) would outweigh the costs.
(2) An assessment may, and it is declared always could, consider--
(a) different reforms for separate parts of the activity; and
(b) sequential reforms for the whole or part of the activity.
Example for subsection (2)--
An assessment may consider whether the whole or part of an activity should be reformed and, in recommending reform of part of the activity, the public benefit assessment report could recommend that for the part--
(a) full cost pricing be implemented by 1 July 1999; and
(b) commercialisation be implemented by 1 July 2000; and
(c) the activity be corporatised by 1 July 2002.