Northern Territory Consolidated Regulations

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GOVERNMENT OWNED CORPORATIONS (POWER AND WATER CORPORATION ELECTRICITY BUSINESSES RESTRUCTURE) REGULATIONS 2014 - REG 43

Transfer of whole liabilities

If a liability is included in the Retail Business Register as one to which this regulation applies, on 1 July 2014 the liability:

        (a)     ceases to be a liability of P&WCorp; and

        (b)     becomes a liability of RetailCorp.



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