New South Wales Consolidated Acts

GAS INDUSTRY RESTRUCTURING ACT 1986

- As at 16 May 2008
- Act 213 of 1986

TABLE OF PROVISIONS

           Long Title

   PART 1 - PRELIMINARY

   1.      Name of Act
   2.      Commencement
   3.      Interpretation
   4.      Application of this Act to AGL
           5-7. (Repealed)

   PART 2 - (Repealed)
   None

   PART 3 - STRUCTURE OF THE GAS INDUSTRY

           Division 1 - (Repealed)
           None

           Division 2 - Future operation of the industry

   31.     Extension of powers of AGL and certain gas companies
           32-37. (Repealed)
   38.     Application of Corporations legislation to AGL and its subsidiaries
   39.     Liability of shareholders of AGL, Newcastle Gas Co

   PART 4 - THE AUSTRALIAN GAS LIGHT COMPANY-SPECIAL PROVISIONS
   Note

   40.     Shareholding-interpretation
   41.     Maximum shareholding in AGL
   42.     Approvals
   43.     Notice of suspected contravention
   44.     Directions concerning approved shareholdings
   45.     Powers of Minister to deal with contravention
   46.     Powers of AGL
   47.     Payment of deferred dividend etc
   48.     Forfeiture of shares required to be disposed of
   49.     Power of Corporation to deal with shares
   50.     Information concerning shareholding
   50A.    Minister may require Company to furnish certain shareholding information
           51-55. (Repealed)
   56.     Minister may obtain expert advice concerning prohibited shareholdings
   56A.    Statements from Company concerning monitoring of Share Register
   56B.    Application of Corporations legislation to this Part
   56C.    Amendments made by AGL Corporate Conversion Act 2002 apply to matters occurring on or after 2 April 2001
           PART 5
           57-69. (Repealed)
   70.     Gas Customers Reserve Account

   PART 5A - TRANSFER OF RIGHTS AND LIABILITIES UNDER CUSTOMER SUPPLY CONTRACTS

   71.     Definitions
   72.     (Repealed)
   73.     Vesting of gas supply arrangements in transferee
   74.     Date of vesting
   75.     Stamp duty
   76.     Confirmation of vesting
           77-83. (Repealed)

   PARTS 6-8 - (Repealed)
   None

   PART 9 - MISCELLANEOUS

   132.    Secrecy
           133, 134. (Repealed)
   135.    Service of documents
           136, 137. (Repealed)
   138.    Proceedings for offences
   139.    Regulations
   140.    Savings and transitional provisions
           SCHEDULE 1
           Schedule 2A (Repealed)
           SCHEDULE 3