Townsville Breakwater Entertainment Centre Act 1991

The objects of this Act are—

to authorise the Council of the City of Thuringowa and the Council of the City of Townsville to participate in a joint venture with ANZ Executors & Trustee Company Limited as trustee of the Breakwater Island Trust for design, development, construction, commissioning, operation and ownership of a convention, exhibition, sports and entertainment centre (the Townsville Breakwater Entertainment Centre) for holding conventions, exhibitions, sports and entertainments; and

to declare the purposes of the joint venture to be functions of local government of the Local Governments; and

to provide for contribution by the Crown and the Local Governments to the purposes of the joint venture; and

to provide in relation to the site for the Townsville Breakwater Entertainment Centre; and

to limit the liability of the Local Governments in relation to the joint venture; and

to make appropriate provision for audit in relation to the Townsville Breakwater Entertainment Centre; and

to authorise the Council of the City of Thuringowa and the Council of the City of Townsville to vary the joint venture with the trustee to enable the upgrading of the Townsville Breakwater Entertainment Centre.