Northern Territory Consolidated Regulations

GOVERNMENT OWNED CORPORATIONS (POWER AND WATER CORPORATION ELECTRICITY BUSINESSES RESTRUCTURE) REGULATIONS 2014

TABLE OF PROVISIONS

   PART 1--PRELIMINARY MATTERS

   1.      Citation  
   2.      Purpose of Regulations  
   3.      Definitions  
   4.      Reference to things included in a register  

   PART 2--POWER GENERATION BUSINESS

           Division 1--Minister's obligations

   5.      Minister to prepare Generation Business Register  
   6.      Generation Business Register to be available to interested persons  

           Division 2--Assets

   7.      Transfer of whole assets  
   8.      Transfer of part of assets  
   9.      Consideration  
   10.     Accounting matters  
   11.     Asset related rights  

           Division 3--Liabilities

   12.     Transfer of whole liabilities  
   13.     Transfer of part of liabilities  
   14.     Accounting matters  
   15.     Liability related rights  

           Division 4--Instruments

   16.     Instruments to apply to GenCorp instead of P&WCorp  
   17.     Instruments to apply to GenCorp and P&WCorp severally  
   18.     Electricity Reform Act 2000 generation licence  
   19.     Bundled contracts to apply to GenCorp and P&WCorp  
   20.     Instruments to apply to GenCorp and P&WCorp to specified extent with modifications  
   21.     Internal instruments  
   22.     Instruments to apply with necessary changes  
   23.     Instrument related rights  
   24.     Contracts to be retained by P&WCorp  
   25.     Instruments to apply to P&WCorp with modifications  
   26.     Instruments may be amended etc.  

           Division 5--Rights

   27.     Rights  

           Division 6--Proceedings

   28.     GenCorp to replace P&WCorp as party  
   29.     GenCorp to be added as additional party  
   30.     P&WCorp to remain as party  
   31.     Court etc. may make orders  

           Division 7--General matters

   32.     Continuation of ongoing things  

           Division 8--Employees

   33.     P&WCorp to provide employees to GenCorp  
   34.     Commissioner may make determinations  
   35.     Expiry of Division  

   PART 3--POWER RETAIL BUSINESS

           Division 1--Minister's obligations

   36.     Minister to prepare Retail Business Register  
   37.     Retail Business Register to be available to interested persons  

           Division 2--Assets

   38.     Transfer of whole assets  
   39.     Transfer of part of assets  
   40.     Consideration  
   41.     Accounting matters  
   42.     Asset related rights  

           Division 3--Liabilities

   43.     Transfer of whole liabilities  
   44.     Transfer of part of liabilities  
   45.     Accounting matters  
   46.     Liability related rights  

           Division 4--Instruments

   47.     Instruments to apply to RetailCorp instead of P&WCorp  
   48.     Instruments to apply to RetailCorp and P&WCorp severally  
   49.     Electricity Reform Act 2000 retail licence  
   50.     Statutory customer contracts  
   51.     Bundled contracts to apply to RetailCorp and P&WCorp  
   52.     Instruments to apply to RetailCorp and P&WCorp to specified extent with modifications  
   53.     Internal instruments  
   54.     Instruments to apply with necessary changes  
   55.     Instrument related rights  
   56.     Contracts to be retained by P&WCorp  
   57.     Instruments to apply to P&WCorp with modifications  
   58.     Instruments may be amended etc.  

           Division 5--Rights

   59.     Rights  

           Division 6--Proceedings

   60.     RetailCorp to replace P&WCorp as party  
   61.     RetailCorp to be added as additional party  
   62.     P&WCorp to remain as party  
   63.     Court etc. may make orders  

           Division 7--General matters

   64.     Continuation of ongoing things  

           Division 8--Employees

   65.     P&WCorp to provide employees to RetailCorp  
   66.     Commissioner may make determinations  
   67.     Expiry of Division  
           ENDNOTES