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This is a Bill, not an Act. For current law, see the Acts databases.

ELECTRICITY CORPORATIONS AMENDMENT BILL 2006

                    Western Australia


Electricity Corporations Amendment Bill 2006

                       CONTENTS


        Part 1 -- Preliminary
  1.    Short title                           2
  2.    Commencement                          2
        Part 2 -- Amendments to Electricity
             Corporations Act 2005
  3.    The Act amended                       3
  4.    Section 126 amended                   3
  5.    Section 126 amended                   3
  6.    Section 126 amended                   3
  7.    Section 126 amended                   3




                         132--1               page i
                           Western Australia


                     LEGISLATIVE ASSEMBLY

                  (Introduced by Mr Trenorden, MLA)


 Electricity Corporations Amendment Bill 2006


                               A Bill for


An Act to amend the Electricity Corporations Act 2005 to prohibit the
Electricity Networks Corporation paying any dividend.



The Parliament of Western Australia enacts as follows:




                                                               page 1
    Electricity Corporations Amendment Bill 2006
    Part 1           Preliminary

    s. 1



                           Part 1 -- Preliminary
    1.       Short title
             This Act may be cited as the Electricity Corporations
             Amendment Act 2006.

5   2.       Commencement
             This Act comes into operation on the day on which it receives the
             Royal Assent.




    page 2
                                    Electricity Corporations Amendment Bill 2006
                     Amendments to Electricity Corporations Act 2005      Part 2

                                                                                 s. 3



          Part 2 -- Amendments to Electricity Corporations
                          Act 2005
     3.        The Act amended
               The amendments in this Part are to the Electricity Corporations
 5             Act 2005.

     4.        Section 126 amended
               Section 126(1) is amended by inserting after "a" --
               "     dividend paying   ".

     5.        Section 126 amended
10             Section 126(2) is amended by inserting after "a" in the first
               place it occurs --
               "     dividend paying   ".

     6.        Section 126 amended
               Section 126(5) is amended by inserting after "a" in the first
15             place it occurs --
               "     dividend paying   ".

     7.        Section 126 amended
               Section 126(5) the following subsections are inserted --
           "
20             (6)     The Electricity Networks Corporation must not pay any
                       dividend.
               (7)     In this section --
                       "dividend paying corporation" means a corporation
                            referred to in section 4(1) except the Electricity
25                          Networks Corporation.
                                                                                  ".

 

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