On the transition day, a current operating agreement is to be taken to be an operating agreement (within the meaning of section 91BG(1) of the National Gas (Victoria) Law).
Note
By operation of section 238 of the Gas Industry Act 2001 , AEMO replaced VENCorp as a party in every agreement to which VENCorp was a party immediately before the transition day.
S. 50 inserted by No. 23/2009 s. 20.