New South Wales Consolidated Acts

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SNOWY HYDRO CORPORATISATION ACT 1997


- As at 28 November 2018 
- Act 99 of 1997 

TABLE OF PROVISIONS

           Long Title

   PART 1 - PRELIMINARY

   1.      Name of Act
   2.      Commencement
   3.      Object of Act
   4.      Definitions

   PART 2 - SNOWY HYDRO COMPANY

   5.      Shares in Company
   5A.     Disposal of shares in Company requires approval of Parliament
   6.      Shares of State to be held by eligible Ministers
   7.      Referral of power to the Parliament of Commonwealth
   8.      Company and subsidiaries not agency of State etc
   9.      Tax-equivalents
   10.     Government guarantees

   PART 3 - TRANSFERS

           Division 1 - Transfer of existing Snowy hydro undertaking to Company

   11.     Transfer to Company of assets and liabilities of Snowy Mountains Hydro-electric Authority
   12.     Transfer to Company of assets and liabilities of State of NSW
   13.     Agreement relating to Commonwealth debt

           Division 2 - Transfer of electricity transmission undertaking to TransGrid

   14.     Transfer to TransGrid of existing Snowy electricity transmission undertaking

           Division 3 - Transfer of existing staff

   15.     Transfer to Company of employees of Authority
   16.     Transfer to Company of certain Pacific Power employees
   17.     Variations of terms and conditions of employment
   18.     Other rights and benefits of transferred employees under Commonwealth Corporatisation Act

   PART 4 - WATER INQUIRY

   19.     Designated area of inquiry
   20.     Water inquiry to be held
   21.     Report of water inquiry

   PART 5 - SNOWY WATER LICENCE

   22.     Entitlement to Snowy water licence
   23.     Rights and obligations under licence
   24.     Term of licence
   25.     Review of licence
   26.     Variation of licence
   27.     Public consultation on review or variation of licence
   28.     Revocation of licence
   29.     Transfer of licence
   30.     Compensation for Company
   31.     Fees and charges for licence
   32.     Local water extraction
   33.     Entry and inspection
   34.     Offence to contravene Snowy water licence
   35.     Court orders in connection with offence of contravening Snowy water licence

   PART 6 - SNOWY PARK LEASES

   36.     Definition
   37.     Lease, licence etc under NPW Act for Snowy hydro undertaking
   37A.    Lease, licence etc under NPW Act for Snowy 2.0 project
   38.     Management plan for Snowy hydro undertaking
   39.     Lease, licence etc under NPW Act for existing Snowy electricity transmission undertaking
   39A.    Lease, licence etc under NPW Act for Snowy 2.0 electricity transmission
   39B.    Contributions and indemnification for compensation for impact on native title

   PART 7 - APPLICATION OF PLANNING AND OTHER LAWS

   40.     Proclamation of existing Scheme development
   41.     Application of Environmental Planning and Assessment Act 1979
   42.     Application of Local Government Act 1993 and Pollution Control Act 1970

   PART 8 - MISCELLANEOUS

   43.     Act binds the Crown
   44.     Sharing of land tax with Commonwealth and Victoria
   45.     Minister may execute agreements on behalf of State
   46.     Exemption from State taxation
   47.     Excluded matters for purposes of Corporations Act 2001 of the Commonwealth
   48.     Company's financial statements and reports to be laid before Parliament
   49.     Regulations
   50.     Offences by directors and other managers of corporation
   51.     Proceedings for offences
   52.     Repeal of Acts
   53.     Termination and amendment of certain existing agreements relating to Snowy Mountains Scheme
   54.     Authority and Council abolished
   55.     (Repealed)
   56.     Savings, transitional and other provisions
   57.     Snowy Advisory Committee
           SCHEDULE 1
           SCHEDULE 2
           Schedule 3 (Repealed)
           SCHEDULE 4


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