Queensland Consolidated Acts(1) An authority holder must give the chief health officer notice, in the approved form, of the happening of any of the following events within 21 days of becoming aware of the event happening--
(a) the authority holder, or an associate of the authority holder, is affected by bankruptcy action, or control action under the Corporations Act;
(b) any of the following persons is convicted of an indictable offence or an offence against a corresponding law--
(i) the authority holder;
(ii) an associate of the authority holder;
(iii) if the authority holder is a corporation, an executive officer of the authority holder;
(c) the equivalent of an authority under a corresponding law, held by the authority holder or an associate of the authority holder, is suspended or cancelled;
(d) if the authority holder is an individual who jointly holds the authority with 1 or more other individuals, the other individual or any of the other individuals dies.
Maximum penalty--50 penalty units.
(2) For subsection (1)(a), an authority holder or an associate of an authority holder is affected by bankruptcy action if the authority holder or associate--
(a) is bankrupt; or
(b) has compounded with creditors; or
(c) as a debtor, has otherwise taken, or applied to take, advantage of any law about bankruptcy.
(3) For subsection (1)(a), an authority holder or an associate of an authority holder is affected by control action under the Corporations Act if the authority holder or associate--
(a) has executed a deed of company arrangement under that Act; or
(b) is the subject of a winding-up (whether voluntarily or under a court order) under that Act; or
(c) is the subject of an appointment of an administrator, liquidator, receiver or receiver and manager under that Act.