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s 40

Definitions for pt 3

In force
Part 3Transfer of Trade Office’s business to TIQ
Division 1Preliminary

40 Definitions for pt 3

In this part—

employee register see section 45.

register see section 41.

Trade Office means the office, in the department, known as Trade Investment Queensland.

transferable asset means an asset of the State that is—

(a)

controlled by the Trade Office immediately before the transfer day; and

(b)

stated in the register as an asset to be transferred to TIQ.

transferable employee see section 46.

transferable instrument means an instrument—

(a)

relating to the Trade Office and to which the State is a party; and

(b)

stated in the register as an instrument to be transferred to TIQ.

transferable liability means a liability of the State that is—

(a)

controlled by the Trade Office immediately before the transfer day; and

(b)

stated in the register as a liability to be transferred to TIQ.

transferable proceeding means a proceeding relating to the Trade Office that—

(a)

could have been continued or started by or against the State before the transfer day; and

(b)

is stated in the register as a proceeding to be transferred to TIQ.

transfer day means the day on which the section in which the term is used commences.

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Section 40 — Definitions for pt 3 — Trade and Investment Queensland Act 2013 (Queensland) — Barrister AI