New South Wales Consolidated Acts

ELECTRICITY GENERATOR ASSETS (AUTHORISED TRANSACTIONS) ACT 2012

- As at 1 July 2021 
- Act 35 of 2012 

TABLE OF PROVISIONS

           Long Title

   PART 1 - PRELIMINARY

   1.      Name of Act
   2.      Commencement
   3.      Interpretation--key definitions

   PART 2 - AUTHORISED TRANSFERS OF ELECTRICITY GENERATOR ASSETS

   4.      Transfer of electricity generator assets to private sector
   5.      Transfer of electricity generator assets between public sector agencies
   6.      Proceeds of transaction

   PART 3 - FACILITATING AUTHORISED TRANSACTIONS

   7.      Treasurer's functions for the purposes of an authorised transaction
   8.      Transaction SOCs
   9.      Transaction companies
   10.     Functions of electricity generators and transaction entities
   11.     Direction and control of electricity generators and transaction entities
   12.     Establishment of Electricity Assets Ministerial Holding Corporation

   PART 4 - ARRANGEMENTS FOR TRANSFER OF ASSETS, STAFF AND FUNCTIONS

   13.     Vesting orders
   14.     Staff transfers
   15.     Payments to employees leaving public sector employment
   16.     Employment guarantee for employees transferred to private sector and maintenance of apprenticeships
   17.     Effect of transfer of electricity generator assets between public sector agencies
   18.     Grant of relevant authorisations
   19.     Acquisition of land by Electricity Assets Ministerial Holding Corporation

   PART 5 - OPERATION OF OTHER LAWS

   20.     State taxes
   21.     Management of electricity trading risks--competition exemption
   22.     General relationship of Act with other State legislation
   23.     Release of information by Auditor-General
   24.     Contracts for sale of land
   25.     Protection of contractual and other obligations
   26.     Compensation not payable

   PART 6 - MISCELLANEOUS

   27.     Delegation
   28.     Act to bind State and other jurisdictions
   29.     Extraterritorial operation of Act
   30.     Construction of Act and instruments so as not to exceed legislative power
   31.     Certificate evidence
   32.     Service or giving of documents
   33.     Regulations
           SCHEDULE 1
           SCHEDULE 2
           SCHEDULE 3
           SCHEDULE 4
           SCHEDULE 5
           SCHEDULE 6
           Schedule 7 (Repealed)