Queensland Consolidated Acts

TRANSPORT OPERATIONS (PASSENGER TRANSPORT) ACT 1994 - SECT 52

52 Approval of basis for funding or other financial assistance by State

(1) The chief executive may enter into a service contract providing for funding or other financial assistance by the State only if the Minister has approved the basis on which the funding or other financial assistance is to be provided.

(2) In considering whether to give an approval under subsection (1) , the Minister must have regard to the principle that funding or other financial assistance by the State for scheduled passenger services should be provided principally for—

(a) scheduled passenger services that the Government requires to be provided and that would not be provided, or provided at the same level, without funding or other financial assistance by the State; and

(b) reimbursement for government specified fare concessions.

(3) Each annual report of the department must include—

(a) for each holder of a service contract who received State funding or other financial assistance during the year to which the report relates—details of the funding or other financial assistance; and

(b) reasons for the funding or other financial assistance.