Queensland Consolidated Acts(1) Where the ministerial council approves an exemption of a right or interest, or a right or interest included in a class or kind of rights or interests, to be an exempt right or interest or a class or kind of exempt rights or interests for the purposes of the interpretation of prescribed interest in the Securities Industry (Queensland) Code, section 4(1), the Governor in Council may make regulations declaring that right or interest, or a right or interest included in that class or kind of rights or interests to be an exempt right or interest or a class or kind of exempt rights or interests for the purposes of that interpretation.
(2) Regulations under subsection (1) shall be read and construed as one with the Securities Industry (Queensland) Regulation.