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Government Owned Corporations (GOCs) need reporting and approval requirements for financial arrangements that facilitate the pursuit of commercial objectives. This Code of Practice outlines approval requirements and guidelines within which GOCs must operate in entering into financial arrangements. The Code applies to all GOCs declared under the GOC Act (except QIC Limited) and their subsidiaries.

The Investment Guidelines for Government Owned Corporations (the guidelines) set out the key principles for Government Owned Corporations (GOCs) to adopt when undertaking investment and other such related activities within the scope outlined below, ensuring that shareholding Ministers’ requirements are met while still enabling GOCs to pursue commercial effectiveness in their business activities and enhance shareholder value.

This document provides a framework of broad principles to apply to Government Owned Corporations (GOCs). This policy is designed to provide guidance and/or direction for the negotiation of agreements, conduct of industrial relations and application of certain government industrial relations policies.