Victorian Current Acts

GAS INDUSTRY (RESIDUAL PROVISIONS) ACT 1994 - SECT 62S

S. 62S(1) amended by No. 11/2002 s. 3(Sch. 1 item 29).

    (1)     Subject to subsection (2), for the purposes of Part IV of the Trade Practices Act and of the Competition Code, any thing done or other conduct engaged in by any, all or some of GASCOR, the new retailers and RCo that is specified in section 62T as a thing or other conduct engaged in to which this section applies, is specifically authorised to be done during the period ending 31 December 2010.

    (2)     The specific authorisation referred to in subsection (1) is intended to operate—

        (a)     to the extent that the master agreement contains terms and conditions on which the rights and obligations of GASCOR under a gas supply contract are to be exercised; and

        (b)     in parallel with the authorisation contained in section 62O.

S. 62T inserted by No. 40/1998
s. 27.