New South Wales Consolidated Acts

ELECTRICITY NETWORK ASSETS (AUTHORISED TRANSACTIONS) ACT 2015 - SECT 31

31 Rights of lessor

(1) Ownership of electricity network assets by the lessor of a transacted distribution system or transacted transmission system is to be treated as ownership by the Crown for the purposes of any provision of an Act that confers a right, privilege or immunity on the Crown as an owner of land or other assets.

(2) The lessor of a transacted distribution system or transacted transmission system is not a distributor, transmission operator or network operator for the purposes of the ES Act or the regulations under that Act except for the purposes of the following provisions (
"the relevant provisions" ) of that Act--

(a) section 44 (Acquisition of land),

(b) section 45 (Erection and placement of electricity works),

(c) section 50 (Charges for placement of electricity works),

(d) section 51 (Ownership of electricity works),

(e) section 53 (Protection of certain electricity works),

(f) section 85 (Transfer of staff, assets, rights and liabilities),

(g) such other provisions as may be prescribed by the regulations under this Act.

(3) For the purposes of the application of the relevant provisions to the lessor of a transacted distribution system or transacted transmission system, the lessor is considered to have the functions of an authorised distributor or authorised transmission operator.