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ELECTRICITY NETWORK ASSETS (AUTHORISED TRANSACTIONS) ACT 2015 - SECT 3
Interpretation--key definitions
Note : Schedule 1 contains other interpretative provisions.
In this Act--
"associated electricity network land" means land (including an interest in
land) that is vested in any of the following agencies and designated by the
Treasurer by order in writing as associated electricity network land for the
purposes of this Act-- (b) Property NSW,
(c) Transport for NSW,
(d)
RailCorp,
(d1) Sydney Trains,
(d2) Sydney Metro,
(e) a council under the
Local Government Act 1993 ,
(f) any other public sector agency prescribed by
the regulations for the purposes of this definition.
"authorised transaction" means a transfer of electricity network assets
authorised by Part 2.
"electricity network assets" means-- (a) the assets, rights and liabilities of
an electricity network SOC, and
(b) associated electricity network land.
"electricity network SOC" means TransGrid, Ausgrid and Endeavour Energy
constituted as statutory State owned corporations under the
Energy Services Corporations Act 1995 . Note : Essential Energy is not an
electricity network SOC for the purposes of this Act.
"network infrastructure assets" --see section 4.
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