Queensland Numbered Acts

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ENERGY ASSETS (RESTRUCTURING AND DISPOSAL) ACT 2006 No. 42 - SECT 30

30 Surrender of authority

(1) This section applies to a retail authority held by an energy entity.

(2) The energy entity may surrender the authority with the approval of the Minister.

(3) Immediately after approving the surrender, the Minister must notify the regulator.

(4) The regulator must record, in the register, the surrender and when it took effect.

(5) The Gas Act, section 197 does not apply to the surrender of an authority with the approval of the Minister under this section.


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