Queensland Numbered Acts

WATER SUPPLY (SAFETY AND RELIABILITY) ACT 2008 No. 34 - SECT 25

(1) If the regulator is satisfied the transferor has complied with section 24, the regulator must--

(a) cancel the transferor's registration as a service provider for the infrastructure and services shown in the notice of the proposed transfer; and

(b) register the transferee in the service provider register as a service provider for the infrastructure and services; and

(c) give the transferor notice of the cancellation under paragraph (a); and

(d) give the transferee notice of the registration under paragraph (b).

(2) The registration--

(a) must not be on a day earlier than the day the regulator received the notice of the proposed transfer; but

(b) may, if the transferor and transferee give their written agreement, be on a later day.

(3) On registration--

(a) the transferor stops being the service provider for the infrastructure and services; and

(b) the transferee becomes the service provider for the infrastructure and services.

(4) Subsection (5) applies if--

(a) the ownership of infrastructure is transferred under this section; and

(b) the regulator has given the transferor a compliance notice before registration takes effect under subsection (2); and

(c) the transferor has not complied with the notice.

(5) The transferee is taken to have been the service provider given the notice.