Queensland Numbered Acts

ELECTRICITY AND OTHER LEGISLATION AMENDMENT ACT 2016 - SECT 39

39 Insertion of new s 157A

Chapter 4—
insert—

157A Application of particular provisions

(1) This section applies if the declaration of Energex and Ergon Energy Corporation as GOCs under section 5 is repealed.

(2) The purpose of this section is to provide for the application of particular provisions in relation to Energex, Ergon Energy Corporation and related group entities after the repeal of the declaration.

(3) Sections 156 and 157 apply as if a reference in the sections to a GOC includes Energex and Ergon Energy Corporation.

(4) Each provision of an Act or regulation mentioned in schedule 5 applies as if a reference in the provision to a GOC or government owned corporation includes Energex and Ergon Energy Corporation.

(5) The Duties Act 2001, section 390 applies as if the reference in the section to a government entity does not include Energex and Ergon Energy Corporation.

(6) A regulation may prescribe that a stated related group entity is, or is not, included in a reference to a GOC, government owned corporation or government entity in a stated provision of a law.

(7) If a regulation prescribes matters under subsection (6), the stated provision of the law applies as if a reference in the provision to a GOC, government owned corporation or government entity includes, or does not include, the stated related group entity.

(8) In this section—

"Energex" means Energex Limited ACN 078 849 055.

"Ergon Energy Corporation" means Ergon Energy Corporation Limited ACN 087 646 062.

"related group entity" means an entity that is—

(a) a related body corporate, of a State electricity entity, within the meaning of the Corporations Act, section 50 ; or

(b) a subsidiary of a related body corporate mentioned in paragraph (a).

"State electricity entity" see the Electricity Act 1994, schedule 5.