Authority’s functions
8 Authority’s functions
The authority’s primary function is to put approved assistance schemes into effect by—
ensuring the schemes are properly and fairly administered; and
directly giving the assistance the schemes provide for.
The other functions of the authority are—
to arrange for education, training and advice to applicants under approved assistance schemes; and
to negotiate for assistance funding with all levels of government; and
to carry out research into, develop policies on and give advice to the Minister about—
issues affecting persons likely to receive assistance under this Act; and
the financial performance and sustainability of the rural and regional sector in Queensland, in particular, primary producers, small business and other components of the State’s economy; and
areas of need, and assistance, for farmers in financial distress and farming businesses that are unlikely to be financially viable in the long-term, including, for example, ways to restructure a farm debt or to ensure a farmer who stops carrying on a farming business remains in the best possible financial position; and
to review, and give advice to the Minister on—
proposed assistance schemes; and
the implementation of approved assistance schemes; and
economic and other conditions in the rural and regional sectors; and
to consult, and liaise with—
commercial lenders and financial advisers; and
public sector units with the function of helping the rural, regional and small business sectors of the economy, and equivalent entities of other States or the Commonwealth; and
organisations representing the interests of persons likely to receive assistance under this Act; and
to partner with commercial lenders and financial advisors to—
perform another function under this subsection; and
further the object of this Act under section 3; and
to administer authorised interstate schemes or parts of the schemes; and
to perform functions incidental to a function under another paragraph of this subsection; and
to perform other functions given to the authority under this Act or another Act; and
other functions prescribed by regulation.
This provision refers to the regulations (prescribed by regulation
). Made under this Act:
This Act’s bill:Explanatory memorandum
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