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GAS INDUSTRY (RESIDUAL PROVISIONS) (AMENDMENT) BILL 2004

                                                                     PARLIAMENT OF VICTORIA

                                                      Gas Industry (Residual Provisions) (Amendment)
                                                                         Act 2003
Victorian Legislation and Parliamentary Documents




                                                                                      Act No.


                                                                            TABLE OF PROVISIONS
                                                    Clause                                                                      Page
                                                      1.     Purpose                                                               1
                                                      2.     Commencement                                                          1
                                                      3.     Definitions                                                           2
                                                      4.     Repeal of Division 2 of Part 2                                        2
                                                      5.     Repeal of certain provisions of Division 3 of Part 2                  2
                                                      6.     Repeal of Division 4 of Part 2                                        2
                                                      7.     Transitional provisions regarding transfers of property from gas
                                                             corporations or gas companies                                         2
                                                      8.     General provisions relating to the Gas and Fuel Superannuation
                                                             Fund                                                                  4
                                                      9.     Directions to public gas companies                                    5
                                                      10.    Repeal of provision dealing with service of documents on
                                                             statutory gas company                                                 5
                                                      11.    Transitional evidentiary provision inserted                           5
                                                      12.    Proceedings for offences                                              5
                                                      13.    Transitional provisions regarding transfers of property from
                                                             nominated public gas companies                                        5
                                                      14.    Repeal of Schedule 1 dealing with provisions applying to gas
                                                             companies                                                             7
                                                                                

                                                    ENDNOTES                                                                       8




                                                                                           i
                                                    551130B.I1-20/11/2003                          BILL LA CIRCULATION 20/11/2003

 


 

PARLIAMENT OF VICTORIA Initiated in Assembly 17 November 2003 Victorian Legislation and Parliamentary Documents A BILL to amend the Gas Industry (Residual Provisions) Act 1994 and for other purposes. Gas Industry (Residual Provisions) (Amendment) Act 2003 The Parliament of Victoria enacts as follows: 1. Purpose The main purpose of this Act is to amend the Gas Industry (Residual Provisions) Act 1994 to repeal certain redundant provisions relating to 5 GASCOR. 2. Commencement This Act comes into operation on the day after the day on which it receives the Royal Assent. 551130B.I1-20/11/2003 BILL LA CIRCULATION 20/11/2003 1

 


 

Gas Industry (Residual Provisions) (Amendment) Act 2003 s. 3 Act No. 3. Definitions See: In section 3 of the Gas Industry (Residual Act No. Victorian Legislation and Parliamentary Documents Provisions) Act 1994-- 112/1994. Reprint No. 5 (a) in the definition of "board", omit "or, if an as at 5 1 September Administrator of the gas company has been 2001 and appointed under section 17A, the amending Act Nos Administrator"; 62/2001, 11/2002 and (b) the definition of "director" is repealed. 51/2002. LawToday: www.dms. dpc.vic. gov.au 4. Repeal of Division 2 of Part 2 10 Division 2 of Part 2 of the Gas Industry (Residual Provisions) Act 1994 is repealed. 5. Repeal of certain provisions of Division 3 of Part 2 Sections 17, 17A, 17B, 17C, 17D, 17E, 17F, 17G, 17H, 17I and 18 of the Gas Industry (Residual 15 Provisions) Act 1994 are repealed. 6. Repeal of Division 4 of Part 2 Division 4 of Part 2 of the Gas Industry (Residual Provisions) Act 1994 is repealed. 7. Transitional provisions regarding transfers of 20 property from gas corporations or gas companies (1) In section 63(1) of the Gas Industry (Residual Provisions) Act 1994, insert the following definition-- ' "former GASCOR subsidiary" means a 25 company all the shares in which were held by GASCOR at any time before 15 September 2003;'. 2 551130B.I1-20/11/2003 BILL LA CIRCULATION 20/11/2003

 


 

Gas Industry (Residual Provisions) (Amendment) Act 2003 s. 7 Act No. (2) After section 71(1) of the Gas Industry (Residual Provisions) Act 1994 insert-- Victorian Legislation and Parliamentary Documents "(1A) Sub-section (1) does not apply to GASCOR or to a former GASCOR subsidiary. 5 (1B) A certificate signed by the relevant person certifying that property, rights or liabilities of GASCOR (as transferor) or of a former GASCOR subsidiary (as transferor) specified in the certificate have been vested in or 10 become liabilities of the transferee or have been allocated under an allocation statement in accordance with section 65 or 66 or the directions of the Minister is, unless revoked under sub-section (2), conclusive evidence-- 15 (a) that the property, rights or liabilities have been so vested or allocated or become liabilities of the transferee; and (b) that the property, rights or liabilities vested in or became the property, rights 20 or liabilities of the transferee on the relevant date.". (3) In section 71(2) of the Gas Industry (Residual Provisions) Act 1994, for "sub-section (1)" substitute "this section". 25 (4) After section 71(3) of the Gas Industry (Residual Provisions) Act 1994 insert-- '(4) In sub-sections (2) and (3), a reference to the chief executive officer of a transferor is, in the case of GASCOR or a former GASCOR 30 subsidiary, to be taken to be a reference to the relevant person. (5) Nothing in sub-section (1A), (1B) or (4) affects the evidentiary value of a certificate issued under sub-section (1) before the 35 commencement of the Gas Industry (Residual Provisions) (Amendment) Act 3 551130B.I1-20/11/2003 BILL LA CIRCULATION 20/11/2003

 


 

Gas Industry (Residual Provisions) (Amendment) Act 2003 s. 8 Act No. 2003, but any such certificate may be revoked under sub-section (2). Victorian Legislation and Parliamentary Documents (6) The requirement on the relevant person under sub-section (3) to keep and make 5 available a register includes the requirement to keep and make available any register kept under this section in respect of GASCOR or a former GASCOR subsidiary before the commencement of the Gas Industry 10 (Residual Provisions) (Amendment) Act 2003. (7) In this section "relevant person" means-- (a) the Administrator within the meaning of the State Electricity Commission 15 Act 1958; or (b) such other person as the Treasurer may appoint by an instrument in writing for the purposes of this section.'. (5) After section 79(2) of the Gas Industry 20 (Residual Provisions) Act 1994 insert-- "(3) In this section, a reference to the certificate of the chief executive officer of the transferor of former gas corporation property includes, in the case of GASCOR or a former 25 GASCOR subsidiary, a reference to the certificate of the relevant person given under section 71 in respect of former gas corporation property.". 8. General provisions relating to the Gas and Fuel 30 Superannuation Fund Sections 87E(1) and 87E(2) of the Gas Industry (Residual Provisions) Act 1994 are repealed. 4 551130B.I1-20/11/2003 BILL LA CIRCULATION 20/11/2003

 


 

Gas Industry (Residual Provisions) (Amendment) Act 2003 s. 9 Act No. 9. Directions to public gas companies In section 88A(1) of the Gas Industry (Residual Victorian Legislation and Parliamentary Documents Provisions) Act 1994, omit "(other than a statutory gas company to which section 23 5 applies)". 10. Repeal of provision dealing with service of documents on statutory gas company Section 95 of the Gas Industry (Residual Provisions) Act 1994 is repealed. 10 11. Transitional evidentiary provision inserted At the end of section 96 of the Gas Industry (Residual Provisions) Act 1994 insert-- "(2) This section does not apply to any document issued or purporting to have been issued on 15 or after the commencement of the Gas Industry (Residual Provisions) (Amendment) Act 2003.". 12. Proceedings for offences In section 96A of the Gas Industry (Residual 20 Provisions) Act 1994-- (a) in sub-sections (1) and (3) omit "a statutory gas company or"; (b) in sub-section (2) omit "the statutory gas company or". 25 13. Transitional provisions regarding transfers of property from nominated public gas companies (1) In section 115A(1) of the Gas Industry (Residual Provisions) Act 1994, insert the following definition-- 30 ' "former GASCOR subsidiary" means a company that at any time before 15 September 2003 was-- 5 551130B.I1-20/11/2003 BILL LA CIRCULATION 20/11/2003

 


 

Gas Industry (Residual Provisions) (Amendment) Act 2003 s. 13 Act No. (a) a PGC all the shares in which were held by GASCOR; or Victorian Legislation and Parliamentary Documents (b) a PGC all the shares in which were held by a company all the shares in which 5 were held by GASCOR;'. (2) After section 115D(1) of the Gas Industry (Residual Provisions) Act 1994 insert-- "(1A) Sub-section (1) does not apply to GASCOR or to a former GASCOR subsidiary. 10 (1B) A certificate signed by the relevant person certifying that property, rights or liabilities of GASCOR or of a former GASCOR subsidiary specified in the certificate have been allocated under an allocation statement 15 under this Part to a person so specified is, unless revoked under sub-section (2), conclusive evidence-- (a) that the property, rights or liabilities have been so allocated; and 20 (b) that the property, rights or liabilities vested in or became the property, rights or liabilities of the person on the relevant date.". (3) In section 115D(2) of the Gas Industry (Residual 25 Provisions) Act 1994, for "sub-section (1)" substitute "this section". (4) After section 115D(3) of the Gas Industry (Residual Provisions) Act 1994 insert-- '(4) In sub-sections (2) and (3), a reference to the 30 chief executive officer of the PGC is, in the case of GASCOR or a former GASCOR subsidiary, to be taken to be a reference to the relevant person. 6 551130B.I1-20/11/2003 BILL LA CIRCULATION 20/11/2003

 


 

Gas Industry (Residual Provisions) (Amendment) Act 2003 s. 14 Act No. (5) Nothing in sub-section (1A), (1B) or (4) affects the evidentiary value of a certificate issued under sub-section (1) before the Victorian Legislation and Parliamentary Documents commencement of the Gas Industry 5 (Residual Provisions) (Amendment) Act 2003, but any such certificate may be revoked under sub-section (2). (6) The requirement on the relevant person under sub-section (3) to keep and make 10 available a register includes the requirement to keep and make available any register kept under this section in respect of GASCOR or a former GASCOR subsidiary before the commencement of the Gas Industry 15 (Residual Provisions) (Amendment) Act 2003. (7) In this section "relevant person" means-- (a) the Administrator within the meaning of the State Electricity Commission 20 Act 1958; or (b) such other person as the Treasurer may appoint by an instrument in writing for the purposes of this section.'. (5) After section 115K(2) of the Gas Industry 25 (Residual Provisions) Act 1994 insert-- "(3) In this section, a reference to the certificate of the chief executive officer of the PGC, includes, in the case of GASCOR or a former GASCOR subsidiary, a reference to the 30 certificate of the relevant person given under section 115D.". 14. Repeal of Schedule 1 dealing with provisions applying to gas companies Schedule 1 to the Gas Industry (Residual 35 Provisions) Act 1994 is repealed. 7 551130B.I1-20/11/2003 BILL LA CIRCULATION 20/11/2003

 


 

Gas Industry (Residual Provisions) (Amendment) Act 2003 Endnotes Act No. ENDNOTES Victorian Legislation and Parliamentary Documents By Authority. Government Printer for the State of Victoria. 8 551130B.I1-20/11/2003 BILL LA CIRCULATION 20/11/2003

 


 

 


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