Queensland Consolidated Acts

NATIONAL GAS (QUEENSLAND) LAW - SECT 26A

26A Corporations Act displacement

(1) The Regulations may declare a relevant provision to be a Corporations legislation displacement provision for the purposes of section 5G of the Corporations Act 2001 of the Commonwealth in relation to the provisions of Chapter 5 of that Act.

(2) In this section—

"relevant provision" means a provision of the Rules that relates to any of the following:

(a) the functions of the AEMO under procedures relating to defaults by retailers;

(b) the application (or drawing on) of credit support held by a distributor in respect of a retailer who is the subject of a RoLR event within the meaning of Part 6 of the National Energy Retail Law.