QATC and other entities
60 QATC and other entities
On the commencement—
QATC and its board are dissolved; and
QATC’s principal executive officer and each member of its board go out of office; and
each board committee, if any, is dissolved and each member of the board committee goes out of office; and
each college board, if any, is dissolved and each member of the college board goes out of office; and
a college director goes out of office.
No compensation is payable to a person because of subsection (1).
To remove any doubt, it is declared that subsection (2) does not limit or otherwise affect a person’s right to a benefit or entitlement that had accrued before the commencement.
This Act’s bill:Explanatory memorandum
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