Queensland Consolidated Acts Queensland Consolidated Acts(1) The shareholder of an LGOC or its shareholder's delegate may delegate the shareholder's powers under section 687 to an appropriately qualified person.
(2) The shareholder of a corporatised corporation may ask the chief executive officer of the local government to investigate, and report on, any matter relating to the corporatised corporation.
(3) For the investigation, the chief executive officer may give the corporation written directions.
(4) Without limiting subsection (3), the chief executive officer may direct the corporation--
(a) to give to the chief executive officer any information about the corporation and its subsidiaries the chief executive officer considers necessary or desirable in connection with the investigation; and
(b) to permit persons authorised by the chief executive officer to have access to stated records and other documents about the corporation and its subsidiaries that the chief executive officer considers necessary or desirable in connection with the investigation; and
(c) to take steps that the chief executive officer considers necessary or desirable for the investigation.
(5) The corporation must ensure any direction given to it under this section--
(a) is complied with by itself; and
(b) is also complied with by its subsidiaries.
(6) The chief executive officer may delegate to an appropriately qualified employee of the local government or another appropriately qualified person the chief executive officer's powers under this section (including powers delegated to the chief executive officer under subsection (1)).