Queensland Consolidated Acts Queensland Consolidated Acts(1) A matter in the statement of corporate intent of a corporatised corporation may be omitted from the copies of it to be made public if--
(a) the matter is of a commercially sensitive nature to the corporatised corporation; and
(b) a full statement of the matter is given--
(i) if the corporatised corporation is an LGOC and there are shareholder's delegates--to the delegates; or
(ii) if the corporatised corporation is an LGOC and there are no shareholder's delegates--to each councillor of the LGOC's local government; or
(iii) if the corporatised corporation is a subsidiary and there are shareholder's delegates of its LGOC--to the delegates; or
(iv) if the corporatised corporation is a subsidiary and there are no shareholder's delegates of its LGOC--to each councillor of the LGOC's local government.
(2) For section 250(2)(a), a full statement of the matter given to shareholder's delegates or councillors under subsection (1)(b), is information that is confidential to the local government.