Queensland Consolidated Acts Queensland Consolidated ActsIn this Act--
advisory board means an advisory board established under this Act.
affiliate means any company, partnership, or any other association or body of persons, whether corporate or unincorporate in which the Corporation has a controlling interest or which the Corporation is directly or indirectly in a position to control.
appointed under an Act, in relation to a person or member, means--
(a) a person or member, who is appointed under an Act; or
(b) a person or member, whose appointment is confirmed by the Governor in Council or a Minister under an Act.
attributed amount has the meaning given in section 19B(2).
bank includes an entity that carries on banking business outside Australia and is approved by the Treasurer.
chief executive means the chief executive of the department.
Corporation means the corporation sole referred to in section 5(2) as preserved and continued in force under the name and style 'Queensland Treasury Corporation'.
financial arrangements means arrangements entered into in Queensland or elsewhere, and whether or not the parties are resident or situated in Queensland or elsewhere that provide for, relate to or are directed towards--
(a) the borrowing of money, the raising of money or the obtaining of all forms of financial accommodation in Australia or elsewhere, including by the issue of debentures, bonds, inscribed stock and other securities;
(b) the lending of money;
(c) the entering into and performance of deferred payment arrangements as debtor or creditor;
(d) the granting or taking of leases (or the letting or taking on hire for any term whatsoever) of land, buildings, plant, machinery, equipment and any other property as lessee, lessor, hirer, owner or tenant;
(e) the entering into of partnerships, trusts, ventures and the formation of companies;
(f) the acquisition, holding, dealing with, guaranteeing, consolidation, reissue and disposal of--
(i) shares in any body corporate, company debentures, bonds, stock and other securities of any body corporate and including debentures, bonds, inscribed stock and other securities issued by any statutory body including the Corporation;
(ii) land, buildings, plant, machinery, equipment and any other property and any interest thereon or mortgage or any other charge in respect thereto;
(g) the taking of land or any interest in land;
(h) the acceptance of money on deposit;
(i) the entering into of covenants, undertakings, arrangements, promises, guarantees and indemnities to meet obligations or liabilities incurred by or to any person, whether or not that person is a party to the covenants, undertakings, arrangements, promises, guarantees and indemnities;
(j) the entering into of arrangements directed at the granting of financial accommodation by or to any person, whether or not the person is a party to the arrangements;
(k) the entering into of purchase obligations as purchaser or sale obligations as seller, to purchase or sell, as the case may be, any output or other product or service of any kind whatsoever;
(l) investment in Australia or elsewhere in any of the ways referred to in section 20(1);
(m) the issuance, drawing, acceptance, endorsement or discounting of bills of exchange, promissory notes, payment orders or other negotiable instruments;
(n) the formation or establishment of, participation in the formation or establishment of, or participation in a business undertaking;
(o) the underwriting of issues of shares in, or debentures or other securities of, a business undertaking;
(p) the holding of money, real property or other property as trustee or agent;
(q) any transaction for the purpose of managing or varying financial returns or managing or varying financial or currency risks (including but not limited to currency exchange rate, interest rate, discount rate, volatility or other risks);
(r) any transaction for the purpose of returning a gain or avoiding a loss by reference to currency obligations, currency exchange rate movements, or interest or discount rate movements;
and any other arrangements which the Treasurer determines to be a financial arrangement for the purposes of this Act.
money means the lawful currency of Australia or any other country.
outstanding amount has the meaning given in section 19B(1).
performance dividend has the meaning given in section 19A(1).
statutory body means an entity established under an Act that--
(a) has control of funds and consists of only 1 person appointed under an Act; or
(b) has control of funds and has, or may have, at least 1 member appointed under an Act; or
(c) has funds, or from time to time may have funds, and even though it does not have any members appointed under an Act, its decisions are made, or its funds are controlled, by--
(i) another person appointed under the same Act; or
(ii) another entity established under the same Act that has, or may have, at least 1 member who is appointed under the Act; or
(d) is a corporation sole constituted by a Minister, or the chief executive or an officer of a department; or
(e) is a local government; or
(f) is declared under the Act to be a statutory body for the Statutory Bodies Financial Arrangements Act 1982 or this Act; or
(g) is declared under a regulation under this Act to be a statutory body.