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The weeks Combined Gazette is placed online Friday morning and can be downloaded free of charge or viewed at www.qld.gov.au/publications [567] Queensland Government Gazette Extraordinary PUBLISHED BY AUTHORITY ISSN 0155-9370 Vol. 369] Monday 20 July 2015 [No. 65 Government Owned Corporations Act 1993 (e) ‘Under Treasurer’ means the chief executive of the Section 131(3)(b) department responsible for administering the Government Owned Corporations Act 1993 and includes any person DIRECTION acting in this office from time to time. Direction The Honourable The Honourable 1. We direct Ergon and its board to pay a dividend in respect Curtis Pitt MP Mark Bailey MP of the 2014-15 financial year, comprising: Treasurer Minister for Main Roads, (a) 100 per cent of Ergon’s profits for the 2014-15 financial Minister for Employment Road Safety and Ports year, after provision has been made for income tax or its and Industrial Relations Minister for Energy equivalent; and Minister for Aboriginal and and Water Supply Torres Strait Islander Partnerships 29/06/2015 (b) the lesser of: 29/06/2015 (i) $1,229,000,000; or (ii) an amount that, when paid, means that Ergon’s Government Owned Corporations Act 1993 Gearing Ratio equals 70 per cent. Section 131(3)(b) 2. In respect of the dividend payable pursuant to paragraph 1(b), DIRECTION we direct Ergon and its board to allocate the dividend: (a) against Ergon’s retained earnings as at 30 June 2015 Direction to the extent available; and 1. We direct Energex and its board to pay a dividend in respect (b) after the allocation against Ergon’s retained earnings of the 2014-15 financial year, comprising: pursuant to paragraph 2(a), the balance (if any) of the dividend against Ergon’s revaluation reserve as at (a) 100 per cent of Energex’s profits for the 2014-15 financial 30 June 2015. year, after provision has been made for income tax or its equivalent; and 3. We further direct Ergon and its board to: (b) the lesser of: (a) take all action necessary, incidental or consequential (i) $783,000,000, or to give effect to this direction; and (ii) an amount that, when paid, means that Energex’s (b) where there is an ambiguity or doubt about the meaning Gearing Ratio equals 70 per cent. or intent of this direction, give effect to the interpretation of the matter by the Under Treasurer as advised to them 2. In respect of the dividend payable pursuant to paragraph 1(b), in a written clarifying statement of the Under Treasurer. we direct Energex and its board to allocate the dividend: Definitions (a) against Energex’s retained earnings as at 30 June 2015, to the extent available; and 4. In this direction: (b) after the allocation against Energex’s retained earnings (a) ‘Ergon’ means Ergon Energy Corporation Limited pursuant to paragraph 2(a), the balance (if any) of the (ACN 087 646 062); dividend against Energex’s revaluation reserve as at (b) ‘Gearing Ratio’ means the ratio of Net Debt owed to 30 June 2015. Queensland Treasury Corporation to the Regulated Asset Base; 3. We further direct Energex and its board to: (c) ‘Net Debt’ means the debt owed to Queensland Treasury (a) take all action necessary, incidental or consequential Corporation less any cash balances held by Ergon; to give effect to this direction; and (d) ‘Regulated Asset Base’ means the regulated asset base as (b) where there is an ambiguity or doubt about the meaning stated in the Preliminary Decision on the Ergon Distribution or intent of this direction, give effect to the interpretation determination 2015-2016 to 2019-20 released by the of the matter by the Under Treasurer as advised to them Australian Energy Regulator on 30 April 2015; and in a written clarifying statement of the Under Treasurer. 568 QUEENSLAND GOVERNMENT GAZETTE No. 65 [20 July 2015 Definitions Definitions 4. In this direction: 4. In this direction: (a) ‘Energex’ means Energex Limited (ACN 078 849 055); (a) ‘Gearing Ratio’ means the ratio of Net Debt owed to (b) ‘Gearing Ratio’ means the ratio of Net Debt owed to Queensland Treasury Corporation to the Regulated Queensland Treasury Corporation to the Regulated Asset Base; Asset Base; (b) ‘Net Debt’ means the debt owed to Queensland Treasury (c) ‘Net Debt’ means the debt owed to Queensland Treasury Corporation less any cash balances held by Powerlink; Corporation less any cash balances held by Energex; (c) ‘Powerlink’ means Queensland Electricity Transmission (d) ‘Regulated Asset Base’ means the regulated asset base Corporation Limited (ACN 078 849 233); as stated in the Preliminary Decision on the Energex (d) ‘Regulated Asset Base’ means the value of the estimated Distribution determination 2015-2016 to 2019-20 actual 2015-16 regulated asset base; and released by the Australian Energy Regulator on 30 April (e) ‘Under Treasurer’ means the chief executive of the 2015; and department responsible for administering the Government (e) ‘Under Treasurer’ means the chief executive of the Owned Corporations Act 1993 and includes any person department responsible for administering the Government acting in this office from time to time. Owned Corporations Act 1993 and includes any person acting in this office from time to time. The Honourable The Honourable Curtis Pitt MP Mark Bailey MP The Honourable The Honourable Treasurer Minister for Main Roads, Curtis Pitt MP Mark Bailey MP Minister for Employment Road Safety and Ports Treasurer Minister for Main Roads, and Industrial Relations Minister for Energy Minister for Employment Road Safety and Ports Minister for Aboriginal and and Water Supply and Industrial Relations Minister for Energy Torres Strait Islander Partnerships 29/06/2015 Minister for Aboriginal and and Water Supply 29/06/2015 Torres Strait Islander Partnerships 29/06/2015 29/06/2015 Government Owned Corporations Act 1993 Section 131(3)(b) DIRECTION Direction 1. We direct Powerlink and its board to pay a dividend in respect of the 2014-15 financial year, comprising: (a) 100 per cent of Powerlink’s profits for the 2014-15 financial year, after provision has been made for income tax or its equivalent; and (b) the lesser of: (i) $1,147,000,000; or (ii) an amount that, when paid, means that Powerlink’s Gearing Ratio equals 75 per cent. 2. In respect of the dividend payable pursuant to paragraph 1(b), we direct Powerlink and its board to allocate the dividend: (a) against Powerlink’s retained earnings as at 30 June 2015 to the extent available; and (b) after the allocation against Powerlink’s retained earnings pursuant to paragraph 2(a), the balance (if any) of the dividend against Powerlink’s revaluation reserve as at 30 June 2015. 3. We further direct Powerlink and its board to: (a) take all action necessary, incidental or consequential to give effect to this direction; and (b) where there is an ambiguity or doubt about the meaning or intent of this direction, give effect to the interpretation of the matter by the Under Treasurer as advised to them in a written clarifying statement of the Under Treasurer. © The State of Queensland 2015 Copyright protects this publication. Except for purposes permitted by the Copyright Act, reproduction by whatever means is prohibited without prior written permission. Inquiries should be addressed to: Gazette Advertising, GPO Box 2457, Brisbane QLD 4001. _____________________________ BRISBANE 20 July 2015 [569] Queensland Government Gazette Extraordinary PUBLISHED BY AUTHORITY ISSN 0155-9370 Vol. 369] Tuesday 21 July 2015 [No. 66 NOTICE Premier’s Office Brisbane, 21 July 2015 I notify that, acting under the provisions of the Constitution of Queensland 2001 , I have appointed the Honourable Mark Craig Bailey MP, Minister for Main Roads, Road Safety and Ports and Minister for Energy and Water Supply to act as, and to perform all of the functions and exercise all of the powers of, Minister for Transport, Minister for Infrastructure, Local Government and Planning and Minister for Trade from 21 July 2015 until the Honourable Jacklyn Anne Trad MP returns to duty. ANNASTACIA PALASZCZUK MP PREMIER AND MINISTER FOR THE ARTS © The State of Queensland 2015 Copyright protects this publication. Except for purposes permitted by the Copyright Act, reproduction by whatever means is prohibited without prior written permission. Inquiries should be addressed to: Gazette Advertising, GPO Box 2457, Brisbane QLD 4001. _____________________________ BRISBANE 21 July 2015 570 QUEENSLAND GOVERNMENT GAZETTE No. 66 [21 July 2015 This page has been left blank intentionally [571] Queensland Government Gazette Natural Resources and Mines PUBLISHED BY AUTHORITY ISSN 0155-9370 Vol. 369] Friday 24 July 2015 [No. 67 Acquisition of Land Act 1967 Plans TAKING OF LAND NOTICE (No 04) 2015 4. Inspection of the plans of the proposed road closures may Short title be made at- 1. This notice may be cited as the Taking of Land Notice (No 04) D WKH'HSDUWPHQWRI1DWXUDO5HVRXUFHVDQG0LQHV2I¿FHV 2015. at Maryborough and Nambour; and Land taken [s.9(6) of the Act] E WKH/RFDO*RYHUQPHQW2I¿FHVRI)UDVHU&RDVW5HJLRQDO 2.