391
CurrentAcquiring and disposing of subsidiaries
Chapter 8WorkCover Queensland
Part 2Functions and powers
Division 2Powers generally
391 Acquiring and disposing of subsidiaries
WorkCover may do the following only with the prior written approval of the Minister—
(a)
form, or participate in the formation of, a company that will become a WorkCover subsidiary;
(b)
acquire shares, or participate in any other transaction that will result in a body corporate becoming, or ceasing to be a WorkCover subsidiary.
This Act’s bill:Explanatory memorandum
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