Queensland Consolidated Regulations

GOVERNMENT OWNED CORPORATIONS (GENERATOR RESTRUCTURE--CLEANCO) REGULATION 2019 - REG 21

21 Preparation of transfer schedules and exclusion schedules

(1) The relevant departments may prepare a schedule (a
"transfer schedule" ) identifying the assets to be transferred under this part on 9 May 2019.

(2) CS Energy and CleanCo may jointly prepare a schedule (also a
"transfer schedule" ) identifying the following matters—

(a) assets to be transferred under this part;

(b) liabilities to be transferred under this part;

(c) instruments to be applied under this part;

(d) employees to be transferred under this part.

Note—

See section 22 for the fixing of a transfer date for a transfer schedule mentioned in this subsection.

(3) More than 1 transfer schedule may be prepared under subsection (2) about the assets, liabilities, instruments or employees if any of the assets, liabilities, instruments or employees are to be transferred under this part—

(a) on different days; or

(b) to different entities.

(4) CS Energy and CleanCo may jointly prepare a schedule (an
"exclusion schedule" )—

(a) identifying liabilities, or classes of liabilities, that are excluded from transfer under this part; and

(b) stating the extent to which the liabilities, or classes or liabilities, are excluded from transfer.

(5) More than 1 exclusion schedule may be prepared under subsection (4) if more than 1 transfer schedule is prepared under subsection (2) .

(6) CS Energy and CleanCo must—

(a) give each other, and the relevant departments, access to all information and documents reasonably required for the preparation of a transfer schedule or an exclusion schedule; and

(b) cooperate with each other, and the relevant departments, in the preparation of a transfer schedule or an exclusion schedule; and

(c) comply with a request from the relevant departments in relation to the preparation of a transfer schedule or an exclusion schedule; and

(d) hold copies of the final version of each transfer schedule and exclusion schedule; and

(e) ensure the relevant departments have copies of the final version of each transfer schedule and exclusion schedule.

(7) A transfer schedule, or an exclusion schedule, may be prepared and held as 1 or more documents.