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This is a Bill, not an Act. For current law, see the Acts databases.
Western Australia Electricity Corporations Amendment Bill 2013 Contents Part 1 -- Preliminary 1. Short title 2 2. Commencement 2 Part 2 -- Electricity Corporations Act 2005 amended 3. Act amended 3 4. Long title replaced 3 5. Section 3 amended 3 6. Section 4 amended 3 7. Section 5 amended 4 8. Section 8 amended 4 9. Section 14 amended 4 10. Part 3 Division 1 Subdivision 2 heading amended 4 11. Section 35 amended 5 12. Section 36 amended 6 13. Section 37 amended 6 14. Sections 38 to 40 replaced 7 38. Wholesale acquisition or supply of electricity 7 39. Matters for regulations or wholesale arrangements 8 40. Disclosure of information to fines Registrar 11 15. Section 41 amended 11 16. Section 43 amended 12 17. Part 3 Division 1 Subdivision 4 deleted 12 18. Section 50 amended 12 19. Section 52 amended 13 20. Section 54 amended 14 21. Section 59 amended 14 22. Section 62 replaced 14 40--1 page i Electricity Corporations Amendment Bill 2013 Contents 62. Segregation of functions 14 63A. Matters for regulations or segregation arrangements 15 23. Part 3 Division 2 deleted 18 24. Section 75 amended 18 25. Section 81 amended 18 26. Section 83 amended 18 27. Section 87 amended 18 28. Section 106 amended 19 29. Section 107 amended 19 30. Section 108 amended 19 31. Section 114 amended 20 32. Section 120 amended 20 33. Section 134 amended 20 34. Section 140 amended 20 35. Part 10 inserted 21 Part 10 -- Provisions for merger of corporations Division 1 -- Preliminary 193. Purpose of Part 21 194. Terms used 21 195. Saving 22 Division 2 -- Merger 196. Merger of corporations 23 197. Corporations to implement or facilitate merger 23 Division 3 -- Directions by Minister 198. Minister may give directions 24 199. Directions to be laid before Parliament 24 Division 4 -- Devolution of assets, rights, liabilities and proceedings and related provisions 200. Assets, rights and liabilities 25 201. Proceedings and remedies 25 202. Continuation of guarantees 25 203. Joint tenancies preserved 26 204. Exemption from State taxation 26 205. Registration of documents 27 Division 5 -- Staff 206. Members of staff 28 207. Preservation of rights 28 Division 6 -- Other provisions 208. Renaming of continuing corporation does not affect status 29 209. Compliance with policy instruments 29 210. Financial reporting: merging corporation 29 page ii Electricity Corporations Amendment Bill 2013 Contents 211. Financial reporting: continuing corporation 30 212. Continuation of certain directions 31 213. Amount in lieu of rates 31 214. Dividends 32 215. Completion of things commenced 32 216. Continuing effect of things done 32 217. Immunity to continue 33 218. Agreements, instruments and documents 33 219. Treasurer may give indemnity and guarantee 33 220. Government agreements not affected 34 221. Transitional regulations 34 36. Schedule 1 clause 6 amended 35 Part 3 -- Other Acts amended 37. Constitution Acts Amendment Act 1899 amended 36 38. Economic Regulation Authority Act 2003 amended 36 39. Electricity Industry Act 2004 amended 36 40. Energy Arbitration and Review Act 1998 amended 37 41. Energy Operators (Powers) Act 1979 amended 38 42. Equal Opportunity Act 1984 amended 38 43. Fines, Penalties and Infringement Notices Enforcement Act 1994 amended 38 44. Public Sector Management Act 1994 amended 39 45. Public Works Act 1902 amended 39 46. State Records Act 2000 amended 40 page iii Western Australia LEGISLATIVE ASSEMBLY Electricity Corporations Amendment Bill 2013 A Bill for An Act to amend the Electricity Corporations Act 2005 to provide for the merger of electricity corporations, to consequentially amend other Acts, and for other purposes. The Parliament of Western Australia enacts as follows: page 1 Electricity Corporations Amendment Bill 2013 Part 1 Preliminary s. 1 1 Part 1 -- Preliminary 2 1. Short title 3 This is the Electricity Corporations Amendment Act 2013. 4 2. Commencement 5 This Act comes into operation as follows -- 6 (a) Part 1 -- on the day on which this Act receives the 7 Royal Assent (assent day); 8 (b) the heading to Part 2 and sections 3, 32, 33, 34 and 35 -- on the 9 day after assent day; 10 (c) the rest of the Act -- on a day fixed by proclamation, 11 and different days may be fixed for different provisions. page 2 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 3 1 Part 2 -- Electricity Corporations Act 2005 amended 2 3. Act amended 3 This Part amends the Electricity Corporations Act 2005. 4 4. Long title replaced 5 Delete the long title and insert: 6 7 An Act to provide for the establishment and operation of 8 electricity corporations and for related matters. 9 10 5. Section 3 amended 11 (1) In section 3(1) delete the definitions of: 12 Electricity Generation Corporation 13 Electricity Retail Corporation 14 (2) In section 3(1) insert in alphabetical order: 15 16 Electricity Generation and Retail Corporation means 17 the body established by section 4(1)(a) as renamed 18 under section 4(2A); 19 20 6. Section 4 amended 21 (1) Delete section 4(1)(c). 22 (2) After section 4(1) insert: 23 24 (2A) From the time at which the Electricity Corporations 25 Amendment Act 2013 section 6 comes into operation, 26 the corporate name of the body established by 27 subsection (1)(a) is the Electricity Generation and 28 Retail Corporation. 29 page 3 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 7 1 7. Section 5 amended 2 In section 5 delete "A corporation is not" and insert: 3 4 For the purposes of any law of the State, a corporation is to be 5 regarded as not being 6 7 Note: The heading to amended section 5 is to read: 8 Corporations not to be regarded as agents of State for purposes 9 of State laws 10 8. Section 8 amended 11 (1) In section 8(1) delete "6," and insert: 12 13 8, 14 15 (2) Delete section 8(4) and insert: 16 17 (4) In making nominations for appointment to the board of 18 a corporation the Minister is to ensure that each 19 nomination is made only after consultation with the 20 board. 21 22 (3) In section 8(6) delete "(a)" (1st occurrence). 23 9. Section 14 amended 24 Delete section 14(4). 25 10. Part 3 Division 1 Subdivision 2 heading amended 26 In the heading to Part 3 Division 1 Subdivision 2 after 27 "Generation" insert: 28 29 and Retail 30 page 4 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 11 1 11. Section 35 amended 2 (1) In section 35: 3 (a) after "Generation" insert: 4 5 and Retail 6 7 (b) after paragraph (c) insert: 8 9 (da) to supply electricity to consumers and services 10 which improve the efficiency of electricity 11 supply and the management of demand; and 12 (db) to purchase or otherwise acquire electricity for 13 the purposes of paragraph (da); and 14 15 (c) in paragraph (e)(ii) delete "corporation;" and insert: 16 17 corporation; and 18 19 (d) after paragraph (e)(ii) insert: 20 21 (iii) to provide retail support services to that 22 corporation; 23 24 (e) after paragraph (e) insert: 25 26 (fa) to provide telecommunications services; and 27 28 (2) In section 35 after each of paragraphs (a), (b), (c) and (d) insert: 29 30 and 31 page 5 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 12 1 12. Section 36 amended 2 In section 36(a) delete "function under section 35(e)(i)," and 3 insert: 4 5 functions under section 35(e)(i) and (iii), 6 7 13. Section 37 amended 8 (1) After section 37(2) insert: 9 10 (3A) Subsection (1) does not apply to the performance of the 11 corporation's functions under section 35(b) to acquire 12 and transport gas. 13 (3B) Subsection (1) does not apply to the performance of the 14 corporation's function under section 35(b) to supply 15 gas so far as the performance involves only the supply 16 of gas to the Regional Power Corporation. 17 18 (2) After section 37(4) insert: 19 20 (5) Regulations may be made authorising the corporation 21 to perform one or more of its functions under 22 section 35 (including functions referred to in 23 subsections (2), (3A), (3B) and (3)) in a part or parts of 24 the State not served by the South West interconnected 25 system. 26 (6) Regulations referred to in subsection (5) are in addition 27 to and do not affect subsections (2), (3A), (3B) and (3) 28 unless a provision of the regulations is declared by the 29 regulations to have effect despite any conflict or 30 inconsistency with any of those subsections. 31 page 6 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 14 1 14. Sections 38 to 40 replaced 2 Delete sections 38, 39 and 40 and insert: 3 4 38. Wholesale acquisition or supply of electricity 5 (1) Regulations may be made providing for and in relation 6 to, or authorising the Minister to approve arrangements 7 (wholesale arrangements) providing for and in relation 8 to -- 9 (a) the wholesale acquisition or supply of 10 electricity by the corporation; and 11 (b) the acquisition or supply by the corporation of 12 goods and services relating to the wholesale 13 acquisition or supply of electricity (wholesale 14 products). 15 (2) Without limiting subsection (1), wholesale 16 arrangements may be in the form of rules or a code. 17 (3) Wholesale arrangements are not subsidiary legislation 18 for the purposes of the Interpretation Act 1984 and 19 section 42 of that Act does not apply to them or to an 20 instrument amending or repealing them. 21 (4) The Interpretation Act 1984 sections 43 (other than 22 subsection (6)), 44, 48, 48A, 50(1), 53, 55, 56, 58, 59, 23 75 and 76 and Part VIII apply to wholesale 24 arrangements as if they were subsidiary legislation. 25 (5) Regulations referred to in subsection (1) may -- 26 (a) set out the process for the approval, amendment 27 and repeal of wholesale arrangements; and 28 (b) provide for the publication, commencement, 29 and laying before each House of Parliament, of 30 wholesale arrangements and instruments 31 amending or repealing them. page 7 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 14 1 (6) If there is a conflict or inconsistency between a 2 provision of regulations referred to in subsection (1) 3 and a provision of wholesale arrangements, the 4 provision of the regulations prevails. 5 39. Matters for regulations or wholesale arrangements 6 (1) In this section -- 7 approved instrument means an instrument referred to 8 in subsection (2)(b) that is approved under the 9 regulations or wholesale arrangements; 10 specified means specified in the regulations or 11 wholesale arrangements; 12 terms and conditions includes pricing and pricing 13 methodology; 14 wholesale arrangements has the meaning given in 15 section 38(1); 16 wholesale products has the meaning given in 17 section 38(1)(b). 18 (2) Regulations referred to in section 38(1), or wholesale 19 arrangements, may -- 20 (a) set out requirements to be complied with, or 21 standards or principles to be observed, by the 22 corporation in relation to -- 23 (i) the wholesale acquisition or supply of 24 electricity by the corporation; or 25 (ii) the acquisition or supply of wholesale 26 products by the corporation; 27 and 28 (b) without limiting paragraph (a), require the 29 corporation to lodge with a specified person an 30 instrument setting out the terms and conditions 31 that are to apply to -- 32 (i) the wholesale acquisition or supply by 33 the corporation of a specified amount of page 8 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 14 1 electricity or an amount of electricity 2 determined in a specified manner; or 3 (ii) the acquisition or supply by the 4 corporation of specified wholesale 5 products or wholesale products of a 6 specified class; 7 and 8 (c) set out the process for the approval of an 9 instrument referred to in paragraph (b), 10 including the matters to be taken into account 11 when deciding whether to give approval; and 12 (d) set out the process for the amendment or 13 replacement of an approved instrument; and 14 (e) impose obligations on the corporation, 15 including an obligation to give an undertaking 16 to a specified person in respect of a specified 17 matter or class of matter; and 18 (f) confer functions on the Minister, the Economic 19 Regulation Authority or any other specified 20 person; and 21 (g) provide for the rights of persons to be supplied 22 with electricity or wholesale products -- 23 (i) in accordance with requirements, 24 standards or principles set out in the 25 regulations or wholesale arrangements; 26 or 27 (ii) on terms and conditions set out in an 28 approved instrument; 29 and 30 (h) provide for matters of an incidental or 31 supplementary nature. page 9 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 14 1 (3) Regulations referred to in section 38(1) may -- 2 (a) provide that a provision of the regulations or 3 wholesale arrangements that -- 4 (i) imposes an obligation on the 5 corporation; and 6 (ii) is specified in the regulations or of a 7 class specified in the regulations, 8 is a civil penalty provision for the purposes of 9 the regulations; and 10 (b) prescribe, for a contravention of a civil penalty 11 provision -- 12 (i) an amount not exceeding $100 000; and 13 (ii) in addition a daily amount not 14 exceeding $20 000, 15 that may, in accordance with the regulations, be 16 demanded from or imposed upon the 17 corporation; and 18 (c) provide for demands for the payment of 19 amounts referred to in paragraph (b) and the 20 enforcement of demands for their payment; and 21 (d) provide for and regulate the taking of 22 proceedings in respect of alleged 23 contraventions by the corporation of provisions 24 of the regulations or wholesale arrangements, 25 provide for the orders that can be made and 26 other sanctions that can be imposed in those 27 proceedings and provide for the enforcement of 28 those orders and sanctions; and 29 (e) provide for the manner in which amounts 30 received by way of civil penalties are to be 31 dealt with and applied; and 32 (f) provide for the review by a specified person of 33 decisions made under the regulations or 34 wholesale arrangements. page 10 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 15 1 (4) In subsection (3)(b)(ii) -- 2 daily amount means an amount for each day or part of 3 a day during which the contravention continues. 4 (5) If wholesale arrangements confer functions on a 5 person -- 6 (a) the functions are to be taken to be conferred by 7 this Act; and 8 (b) the person is authorised to perform the 9 functions. 10 40. Disclosure of information to fines Registrar 11 (1) The corporation must disclose to the Registrar 12 appointed under the Fines, Penalties and Infringement 13 Notices Enforcement Act 1994 the names and addresses 14 of the persons who are supplied electricity or gas by 15 the corporation, but not photographs or signatures of 16 such persons. 17 (2) Information disclosed under subsection (1) may be 18 used in the performance of the Registrar's functions 19 under the Fines, Penalties and Infringement Notices 20 Enforcement Act 1994 but not for any other purpose. 21 (3) The disclosure of information under subsection (1) is to 22 be free of charge. 23 24 15. Section 41 amended 25 In section 41(g) delete "Corporation, the Electricity" and insert: 26 27 and 28 page 11 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 16 1 16. Section 43 amended 2 After section 43(2) insert: 3 4 (3) Regulations may be made authorising the corporation 5 to perform one or more of its functions under 6 section 41 (including functions referred to in 7 subsection (2)) in a part or parts of the State not served 8 by the South West interconnected system. 9 (4) Regulations referred to in subsection (3) are in addition 10 to and do not affect subsection (2) unless a provision of 11 the regulations is declared by the regulations to have 12 effect despite any conflict or inconsistency with that 13 subsection. 14 15 17. Part 3 Division 1 Subdivision 4 deleted 16 Delete Part 3 Division 1 Subdivision 4. 17 18. Section 50 amended 18 (1) In section 50: 19 (a) in paragraph (d) after "Electricity" insert: 20 21 Generation and 22 23 (b) in paragraph (d) delete "44(a);" and insert: 24 25 35(da); and 26 27 (c) in paragraph (h) after "Generation" insert: 28 29 and Retail 30 page 12 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 19 1 (2) In section 50 after each of paragraphs (a) to (c) and (e) to (h) 2 insert: 3 4 and 5 6 19. Section 52 amended 7 After section 52(2) insert: 8 9 (3) Subsections (1) and (2) do not apply to the 10 performance of the corporation's functions of 11 acquiring, transporting and supplying gas so far as the 12 performance involves only either or both of the 13 following -- 14 (a) the acquisition and transport of gas from the 15 Electricity Generation and Retail Corporation; 16 (b) the supply and transport of gas to the Electricity 17 Generation and Retail Corporation. 18 (4) Regulations may be made authorising the 19 corporation -- 20 (a) to perform one or more of the functions 21 referred to in subsection (1) in respect of 22 electricity systems in a part or parts of the State 23 outside the area of operations; and 24 (b) to perform one or more of the functions 25 referred to in subsection (2) in a part or parts of 26 the State outside the area of operations. 27 (5) Regulations referred to in subsection (4) are in addition 28 to and do not affect subsection (3) unless a provision of 29 the regulations is declared by the regulations to have 30 effect despite any conflict or inconsistency with that 31 subsection. 32 page 13 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 20 1 20. Section 54 amended 2 In section 54(2) after "Electricity" (2nd and 3rd occurrences) 3 insert: 4 5 Generation and 6 7 21. Section 59 amended 8 In section 59(3)(j) delete "42(b), 45(b)" and insert: 9 10 42(b) 11 12 22. Section 62 replaced 13 Delete section 62 and insert: 14 15 62. Segregation of functions 16 (1) Regulations may be made providing for and in relation 17 to, or authorising the Minister to approve arrangements 18 (segregation arrangements) providing for and in 19 relation to -- 20 (a) the division of the functions or operations of a 21 corporation into segments; and 22 (b) the segregation of any such segment of a 23 corporation from the other functions or 24 operations of the corporation; and 25 (c) the segregation from a corporation of any 26 subsidiary of the corporation that has any 27 functions or operations of a specified kind. 28 (2) Without limiting subsection (1), segregation 29 arrangements may be in the form of rules or a code. page 14 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 22 1 (3) Segregation arrangements are not subsidiary legislation 2 for the purposes of the Interpretation Act 1984 and 3 section 42 of that Act does not apply to them or to an 4 instrument amending or repealing them. 5 (4) The Interpretation Act 1984 sections 43 (other than 6 subsection (6)), 44, 48, 48A, 50(1), 53, 55, 56, 58, 59, 7 75 and 76 and Part VIII apply to segregation 8 arrangements as if they were subsidiary legislation. 9 (5) Regulations referred to in subsection (1) may -- 10 (a) set out the process for the approval, amendment 11 and repeal of segregation arrangements; and 12 (b) provide for the publication, commencement, 13 and laying before each House of Parliament, of 14 segregation arrangements and instruments 15 amending or repealing them. 16 (6) If there is a conflict or inconsistency between a 17 provision of regulations referred to in subsection (1) 18 and a provision of segregation arrangements, the 19 provision of the regulations prevails. 20 63A. Matters for regulations or segregation 21 arrangements 22 (1) In this section -- 23 segregation arrangements has the meaning given in 24 section 62(1); 25 specified means specified in the regulations or 26 segregation arrangements. 27 (2) Regulations referred to in section 62(1), or segregation 28 arrangements, may -- 29 (a) set out requirements to be complied with, or 30 standards or principles to be observed, by a 31 corporation in relation to dealings between one 32 segment of the corporation and another page 15 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 22 1 segment of the corporation in respect of a 2 specified matter or class of matter; and 3 (b) provide for the keeping of accounts and 4 records; and 5 (c) provide for financial reporting and performance 6 reporting; and 7 (d) provide for the apportionment of income, 8 expenditure, assets and liabilities; and 9 (e) provide for the protection of information; and 10 (f) provide for controls and procedures to ensure 11 that any required segregation is effective; and 12 (g) impose obligations on a corporation, including 13 an obligation to give an undertaking to a 14 specified person in respect of a specified matter 15 or class of matter; and 16 (h) confer functions on the Minister, the Economic 17 Regulation Authority or any other specified 18 person; and 19 (i) provide for matters of an incidental or 20 supplementary nature. 21 (3) Regulations referred to in section 62(1) may -- 22 (a) provide that a provision of the regulations or 23 segregation arrangements that -- 24 (i) imposes an obligation on a corporation; 25 and 26 (ii) is specified in the regulations or of a 27 class specified in the regulations, 28 is a civil penalty provision for the purposes of 29 the regulations; and 30 (b) prescribe, for a contravention of a civil penalty 31 provision -- 32 (i) an amount not exceeding $100 000; and page 16 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 22 1 (ii) in addition a daily amount not 2 exceeding $20 000, 3 that may, in accordance with the regulations, be 4 demanded from or imposed upon a corporation; 5 and 6 (c) provide for demands for the payment of 7 amounts referred to in paragraph (b) and the 8 enforcement of demands for their payment; and 9 (d) provide for and regulate the taking of 10 proceedings in respect of alleged 11 contraventions by a corporation of provisions 12 of the regulations or segregation arrangements, 13 provide for the orders that can be made and 14 other sanctions that can be imposed in those 15 proceedings and provide for the enforcement of 16 those orders and sanctions; and 17 (e) provide for the manner in which amounts 18 received by way of civil penalties are to be 19 dealt with and applied; and 20 (f) provide for the review by a specified person of 21 decisions made under the regulations or 22 segregation arrangements. 23 (4) In subsection (3)(b)(ii) -- 24 daily amount means an amount for each day or part of 25 a day during which the contravention continues. 26 (5) If segregation arrangements confer functions on a 27 person -- 28 (a) the functions are to be taken to be conferred by 29 this Act; and 30 (b) the person is authorised to perform the 31 functions. 32 page 17 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 23 1 23. Part 3 Division 2 deleted 2 Delete Part 3 Division 2. 3 24. Section 75 amended 4 In section 75(1) delete "Trade Practices Act 1974 of the 5 Commonwealth" and insert: 6 7 Competition and Consumer Act 2010 (Commonwealth) 8 9 25. Section 81 amended 10 In section 81: 11 (a) in paragraph (b) delete "them." and insert: 12 13 them; and 14 15 (b) after paragraph (b) insert: 16 17 (c) facilitate the economically efficient 18 performance of their functions under this Act. 19 20 26. Section 83 amended 21 In section 83(1) delete "81(a) or (b)." and insert: 22 23 81(a), (b) or (c). 24 25 27. Section 87 amended 26 In section 87 delete "Trade Practices Act 1974 of the 27 Commonwealth" and insert: 28 29 Competition and Consumer Act 2010 (Commonwealth) page 18 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 28 1 2 28. Section 106 amended 3 (1) In section 106(2)(b) delete "prescribed by regulations made for 4 the purposes of section 62." and insert: 5 6 required under regulations or segregation arrangements referred 7 to in section 62(1). 8 9 (2) In section 106(5)(b) delete "made for the purposes of 10 section 62." and insert: 11 12 and segregation arrangements referred to in section 62(1). 13 14 29. Section 107 amended 15 In section 107(1)(a)(ii) delete "prescribed by regulations made 16 for the purposes of section 62;" and insert: 17 18 required under regulations or segregation arrangements referred 19 to in section 62(1); 20 21 30. Section 108 amended 22 (1) In section 108(1)(c) delete " made for the purposes of 23 section 62;" and insert: 24 25 and segregation arrangements referred to in section 62(1); and 26 27 (2) In section 108(1) after each of paragraphs (a) and (b) insert: 28 29 and page 19 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 31 1 2 31. Section 114 amended 3 (1) In section 114(1) in the definition of corporation delete 4 "Corporation or the Electricity" and insert: 5 6 and 7 8 (2) In section 114(2) delete "35(b) or 44(f), by instrument served on 9 a" and insert: 10 11 35(b), by instrument served on the 12 13 32. Section 120 amended 14 In section 120(1)(b) delete "119(4) or 126(3)." and insert: 15 16 119(4), 126(3) or 198(1). 17 18 33. Section 134 amended 19 In section 134(1)(a) after "146 or" insert: 20 21 199 or 22 23 34. Section 140 amended 24 In section 140(2) delete "Act." and insert: 25 26 Act or the Electricity Corporations Amendment Act 2013. 27 page 20 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 35 1 35. Part 10 inserted 2 After section 192 insert: 3 4 Part 10 -- Provisions for merger of corporations 5 Division 1 -- Preliminary 6 193. Purpose of Part 7 The purpose of this Part is to provide for the merger of 8 the Electricity Retail Corporation with the body 9 established by section 4(1)(a), and for related 10 transitional matters. 11 194. Terms used 12 In this Part -- 13 amending Act means the Electricity Corporations 14 Amendment Act 2013; 15 asset means property of any kind whether tangible or 16 intangible, real or personal, corporeal or incorporeal 17 and includes without limitation -- 18 (a) a chose in action; 19 (b) goodwill; 20 (c) a right, interest or claim of any kind in or to 21 property, 22 whether arising from, accruing under, created or 23 evidenced by or the subject of, an instrument or 24 otherwise and whether liquidated or unliquidated, 25 actual, contingent or prospective; 26 continuing corporation means the body established by 27 section 4(1)(a); page 21 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 35 1 EGRC means the continuing corporation as renamed as 2 the Electricity Generation and Retail Corporation under 3 section 4(2A); 4 Government agreement has the meaning given in the 5 Government Agreements Act 1979 section 2; 6 liability means any liability, duty or obligation whether 7 actual, contingent or prospective, liquidated or 8 unliquidated, and whether owed alone or jointly or 9 jointly and severally with any other person; 10 merger means -- 11 (a) the actions effected by the coming into 12 operation of section 6 of the amending Act; and 13 (b) the merging of the Electricity Retail 14 Corporation into the EGRC under 15 section 196(1); 16 merger provisions means the following -- 17 (a) section 6 of the amending Act; 18 (b) this Part; 19 (c) transitional regulations; 20 merger time means the time at which section 6 of the 21 amending Act comes into operation; 22 merging corporation means the Electricity Retail 23 Corporation; 24 right means any right, power, privilege or immunity 25 whether actual, contingent or prospective; 26 transitional regulations has the meaning given in 27 section 221. 28 195. Saving 29 (1) The operation of any of the merger provisions is not to 30 be regarded -- 31 (a) as a breach of contract or confidence or 32 otherwise as a civil wrong; or page 22 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 35 1 (b) as a breach of any contractual provision 2 prohibiting, restricting or regulating the 3 assignment or transfer of assets, rights or 4 liabilities or the disclosure of information; or 5 (c) as giving rise to any right to damages or 6 compensation; or 7 (d) as giving rise to any remedy by a party to an 8 instrument or as causing or permitting the 9 termination of any instrument, because of a 10 change in the beneficial or legal ownership of 11 any asset, right or liability; or 12 (e) as causing any contract or instrument to be void 13 or otherwise unenforceable; or 14 (f) as releasing or allowing the release of any 15 surety. 16 (2) The merger provisions are additional to any relevant 17 provisions of the Interpretation Act 1984. 18 Division 2 -- Merger 19 196. Merger of corporations 20 (1) At the merger time the Electricity Retail Corporation 21 ceases to be a corporation under this Act and merges 22 into the EGRC. 23 (2) From the merger time the EGRC is a continuation of 24 the merging corporation. 25 197. Corporations to implement or facilitate merger 26 (1) A corporation is to do anything that is prescribed by 27 transitional regulations and anything else that may be 28 necessary or expedient to provide for, implement or 29 facilitate the merger. page 23 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 35 1 (2) Subsection (1) applies -- 2 (a) before the merger time -- to the merging 3 corporation and the continuing corporation; and 4 (b) after the merger time -- to the EGRC. 5 (3) The function conferred by subsection (1) is in addition 6 to any other function that a corporation has. 7 Division 3 -- Directions by Minister 8 198. Minister may give directions 9 (1) The Minister may give directions in writing to the 10 continuing corporation or the merging corporation 11 requiring it to take any step that the Minister considers 12 necessary or convenient for achieving the purpose of 13 this Part. 14 (2) The reference in subsection (1) to the taking of any 15 step includes refraining from taking any step that the 16 corporation might otherwise take. 17 (3) A corporation is to give effect to a direction given to it 18 under subsection (1) despite any other provision of this 19 Act. 20 (4) This section has effect despite the Statutory 21 Corporations (Liability of Directors) Act 1996 22 section 6(a). 23 199. Directions to be laid before Parliament 24 The Minister must, within 14 days after a direction is 25 given under section 198(1), cause the text of the 26 direction to be laid before each House of Parliament or 27 dealt with under section 134. page 24 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 35 1 Division 4 -- Devolution of assets, rights, liabilities and 2 proceedings and related provisions 3 200. Assets, rights and liabilities 4 (1) At the merger time -- 5 (a) the assets and rights of the merging corporation 6 that were immediately before that time vested 7 in the merging corporation vest in the EGRC by 8 force of this subsection; and 9 (b) the liabilities of the merging corporation 10 immediately before that time become the 11 liabilities of the EGRC by force of this 12 subsection. 13 (2) In determining the profits of the EGRC for the 14 purposes of section 126, assets that vest in the EGRC 15 by force of subsection (1) are not to be regarded as 16 income. 17 201. Proceedings and remedies 18 From the merger time, any proceedings or remedy that, 19 immediately before that time, might have been brought 20 or continued by, or available against or to, the merging 21 corporation may be brought or continued by, and are or 22 is available against or to, the EGRC. 23 202. Continuation of guarantees 24 (1) This section applies to -- 25 (a) a guarantee given under section 130; and 26 (b) a guarantee continued in force by section 173, 27 that was in force immediately before the merger time in 28 respect of the merging corporation. page 25 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 35 1 (2) A guarantee to which this section applies continues in 2 force and is to be read and construed, from the merger 3 time, as if it were a guarantee in respect of the EGRC. 4 (3) The Treasurer may enter into any instrument 5 confirming the continued liability of the State under a 6 guarantee to which this section applies. 7 (4) By virtue of this subsection, any sum paid by the 8 Treasurer under a guarantee to which this section 9 applies in respect of the EGRC constitutes a charge on 10 the assets of that corporation. 11 203. Joint tenancies preserved 12 (1) This section applies to an asset held by the merging 13 corporation as a joint tenant with another person. 14 (2) The vesting of an asset to which this section applies in 15 the EGRC under this Part does not sever the joint 16 tenancy, and the EGRC holds the asset as a joint tenant 17 with the other person. 18 204. Exemption from State taxation 19 (1) In this section -- 20 State tax includes duty under the Duties Act 2008 and 21 any other tax, duty, fee, levy or charge under a law of 22 the State. 23 (2) State tax is not payable in relation to -- 24 (a) anything that occurs by the operation of the 25 merger provisions; or 26 (b) anything done (including a transaction entered 27 into or an instrument or document of any kind 28 made, executed, lodged or given) under this 29 Part, or to give effect to the merger provisions, 30 or for a purpose connected with or arising out 31 of giving effect to the merger provisions. page 26 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 35 1 (3) The Treasurer or a person authorised by the Treasurer 2 may, at the request of the EGRC, certify in writing that 3 a specified thing -- 4 (a) occurred by the operation of the merger 5 provisions; or 6 (b) was done under this Part, or to give effect to the 7 merger provisions, or for a purpose connected 8 with or arising out of giving effect to the 9 merger provisions. 10 (4) For all purposes and in all proceedings, a certificate 11 under subsection (3) is conclusive evidence of the 12 matters it certifies, except so far as the contrary is 13 shown. 14 205. Registration of documents 15 (1) In this section -- 16 relevant officials means -- 17 (a) the Registrar of Titles under the Transfer of 18 Land Act 1893; and 19 (b) the Registrar of Deeds and Transfers under the 20 Registration of Deeds Act 1856; and 21 (c) the Minister administering the Land 22 Administration Act 1997; and 23 (d) any other person authorised by a written law to 24 record and give effect to the registration of 25 documents relating to transactions affecting any 26 estate or interest in land or any other property. 27 (2) The relevant officials are to take notice of the merger 28 provisions and are empowered to record and register in 29 the appropriate manner the documents necessary to 30 show the effect of those provisions. page 27 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 35 1 (3) Without limiting subsection (2), a statement in an 2 instrument is evidence of the facts stated if -- 3 (a) the instrument is executed by the EGRC; and 4 (b) the statement is to the effect that any estate or 5 interest in land or other property has become 6 vested in the EGRC under section 200(1). 7 Division 5 -- Staff 8 206. Members of staff 9 (1) At the merger time, a person who immediately before 10 the merger time was a member of staff of the merging 11 corporation becomes a member of staff of the EGRC. 12 (2) The operation of subsection (1) does not constitute a 13 retrenchment or redundancy. 14 207. Preservation of rights 15 (1) Except as otherwise agreed by the relevant member of 16 staff, the operation of section 206 (1) does not -- 17 (a) affect his or her remuneration and other terms 18 and conditions of employment; or 19 (b) prejudice his or her existing or accruing rights; 20 or 21 (c) affect any rights under a superannuation 22 scheme; or 23 (d) interrupt continuity of service. 24 (2) For the purposes of subsection (1)(d), the service of a 25 member of staff with the merging corporation is to be 26 taken to have been with the EGRC. 27 (3) Nothing in section 206 or this section prevents the 28 exercise by the EGRC of its powers in relation to the 29 management of members of staff. page 28 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 35 1 Division 6 -- Other provisions 2 208. Renaming of continuing corporation does not affect 3 status 4 The renaming of the continuing corporation as the 5 Electricity Generation and Retail Corporation under 6 section 4(2A) does not affect its continuity or legal 7 status. 8 209. Compliance with policy instruments 9 Despite section 58, the EGRC is not required to 10 perform its functions in accordance with its strategic 11 development plan and its statement of corporate intent 12 in the period starting at the merger time and ending on 13 the next 30 June. 14 210. Financial reporting: merging corporation 15 (1) In this section -- 16 annual reporting provisions means sections 107 and 17 108, Schedule 4 Division 3 Subdivision 1 and 18 Schedule 4 clauses 32 and 33; 19 quarter means a quarter of a financial year. 20 (2) It is a function of the EGRC to perform the duties set 21 out in this section in respect of the merging 22 corporation. 23 (3) If the merger time coincides with the end of a quarter 24 of the merging corporation, the EGRC is to comply 25 with section 106 in respect of the merging corporation 26 for that quarter. 27 (4) If the merger time is after the end of a quarter of the 28 merging corporation (the last quarter), the EGRC is 29 to -- 30 (a) comply with section 106 in respect of the 31 merging corporation to the extent that that page 29 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 35 1 section has not been complied with for the last 2 quarter; and 3 (b) comply with section 106 in respect of the 4 merging corporation for the period starting at 5 the end of the last quarter and ending at the 6 merger time as if that period were a quarter. 7 (5) If the merger time coincides with the end of a financial 8 year of the merging corporation, the EGRC is to 9 comply with the annual reporting provisions in respect 10 of the merging corporation for that financial year. 11 (6) If the merger time is after the end of a financial year of 12 the merging corporation (the last financial year), the 13 EGRC is to -- 14 (a) comply with the annual reporting provisions in 15 respect of the merging corporation to the extent 16 that those provisions have not been complied 17 with for the last financial year; and 18 (b) comply with the annual reporting provisions in 19 respect of the merging corporation for the 20 period starting at the end of the last financial 21 year and ending at the merger time as if that 22 period were a financial year. 23 (7) In order to enable the EGRC to perform its duties 24 under this section, section 106 and the annual reporting 25 provisions apply with -- 26 (a) any modifications prescribed by transitional 27 regulations; and 28 (b) any other appropriate modifications. 29 211. Financial reporting: continuing corporation 30 (1) In this section -- 31 annual reporting provisions has the meaning given in 32 section 210(1). page 30 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 35 1 (2) If the merger time is after the end of a financial year of 2 the continuing corporation (the last financial year), the 3 EGRC is to comply with the annual reporting 4 provisions in respect of the continuing corporation as if 5 each of the following periods were a financial year -- 6 (a) the period starting at the end of the last 7 financial year and ending at the merger time; 8 (b) the period starting at the merger time and 9 ending on the next 30 June. 10 (3) For the purposes of subsection (2), the annual reporting 11 provisions apply with -- 12 (a) any modifications prescribed by transitional 13 regulations; and 14 (b) any other appropriate modifications. 15 212. Continuation of certain directions 16 (1) A direction under section 111(1) that was in force in 17 respect of the merging corporation immediately before 18 the merger time continues in force, from the merger 19 time, as if it were a direction given under 20 section 111(1) to the EGRC. 21 (2) An instrument under section 114(2) that was in force in 22 respect of the merging corporation immediately before 23 the merger time continues in force, from the merger 24 time, as if it were an instrument served under 25 section 114(2) on the EGRC. 26 213. Amount in lieu of rates 27 (1) If immediately before the merger time the merging 28 corporation has not paid an amount required to be paid 29 under section 124, the EGRC is to pay the amount to 30 the Treasurer. page 31 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 35 1 (2) Any amount that has to be paid to the Treasurer in 2 accordance with subsection (1) is to be paid from the 3 funds of the EGRC. 4 214. Dividends 5 (1) In this section -- 6 dividend function means a function of a corporation or 7 its board under section 126. 8 (2) If immediately before the merger time a dividend 9 function has yet to be performed by the merging 10 corporation or its board, the EGRC or its board is to 11 perform the function after the merger time as if the 12 EGRC were the merging corporation. 13 (3) Any amount that has to be paid to the Treasurer in 14 accordance with subsection (2) is to be paid from the 15 funds of the EGRC. 16 215. Completion of things commenced 17 Anything commenced to be done by the merging 18 corporation before the merger time may be continued 19 by the EGRC. 20 216. Continuing effect of things done 21 (1) In this section -- 22 relevant act means an act, matter or thing done or 23 omitted to be done before the merger time by, to or in 24 respect of the merging corporation. 25 (2) To the extent that a relevant act has force or 26 significance at the merger time it is to be taken, from 27 the merger time, to have been done or omitted by, to or 28 in respect of the EGRC so far as the act, matter or thing 29 is relevant to the EGRC. page 32 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 35 1 (3) This section does not affect the operation of any other 2 provision of this Part. 3 217. Immunity to continue 4 If the merging corporation had the benefit of any 5 immunity in respect of an act, matter or thing done or 6 omitted before the merger time, the immunity 7 continues in that respect for the benefit of the EGRC. 8 218. Agreements, instruments and documents 9 (1) In this section -- 10 agreement includes a Government agreement; 11 former name means "Electricity Generation 12 Corporation"; 13 new name means "Electricity Generation and Retail 14 Corporation". 15 (2) An agreement, instrument or document subsisting 16 immediately before the merger time that contains -- 17 (a) a reference to the merging corporation or to the 18 continuing corporation by its former name; or 19 (b) a reference to a body that under Part 9 is to be 20 read as, or has effect as if it were, a reference to 21 the merging corporation or the continuing 22 corporation, 23 has effect from the merger time as if the reference 24 were, unless the context otherwise requires, a reference 25 to the continuing corporation by its new name. 26 219. Treasurer may give indemnity and guarantee 27 (1) In this section -- 28 liability includes civil liability under the Corporations 29 Act 2001 (Commonwealth); page 33 Electricity Corporations Amendment Bill 2013 Part 2 Electricity Corporations Act 2005 amended s. 35 1 relevant person means a person who is or has been a 2 director, the chief executive officer, or a member of 3 staff, of the merging corporation. 4 (2) The Treasurer may, in the name and on behalf of the 5 State, give to a relevant person an indemnity against 6 liability or a guarantee of payment in respect of -- 7 (a) the doing of anything, whether before or after 8 the merger time, that is required to achieve the 9 purpose of this Part; or 10 (b) an omission to do anything, whether before or 11 after the merger time, if the omission is 12 required to achieve the purpose of this Part. 13 (3) The payment of any money under an indemnity or 14 guarantee given under this section is to be made by the 15 Treasurer and charged to the Consolidated Account, 16 which this section appropriates to the necessary extent. 17 220. Government agreements not affected 18 The merger provisions do not prejudice or in any way 19 affect any right or obligation of a party to a 20 Government agreement. 21 221. Transitional regulations 22 (1) Regulations (transitional regulations) may 23 prescribe -- 24 (a) things to be done by the merging corporation or 25 the continuing corporation to provide for, 26 implement or facilitate the merger; and 27 (b) anything necessary or expedient to be 28 prescribed for providing for a matter or issue of 29 a transitional nature that arises in relation to the 30 merger. page 34 Electricity Corporations Amendment Bill 2013 Electricity Corporations Act 2005 amended Part 2 s. 36 1 (2) Transitional regulations may provide that specific 2 provisions of any written law -- 3 (a) do not apply to or in relation to any matter; or 4 (b) apply with specific modifications to or in 5 relation to any matter. 6 (3) If transitional regulations provide that a state of affairs 7 specified or described in the regulations is to be taken 8 to have existed, or not to have existed, at and from a 9 time that is earlier than the day on which the 10 regulations are published in the Gazette but not earlier 11 than the merger time, the regulations have effect 12 according to their terms. 13 (4) If transitional regulations contain a provision referred 14 to in subsection (3), the provision does not operate so 15 as -- 16 (a) to affect in a manner prejudicial to any person 17 (other than the State, an authority of the State 18 or the EGRC) the rights of that person existing 19 before the day of publication of those 20 regulations; or 21 (b) to impose liabilities on any person (other than 22 the State, an authority of the State or the 23 EGRC) in respect of anything done or omitted 24 to be done before the day of publication of 25 those regulations. 26 27 36. Schedule 1 clause 6 amended 28 Delete Schedule 1 clause 6(5)(a) and insert: 29 30 (a) a number of directors equal to at least half the 31 number of directors in office constitutes a quorum; 32 and 33 page 35 Electricity Corporations Amendment Bill 2013 Part 3 Other Acts amended s. 37 1 Part 3 -- Other Acts amended 2 37. Constitution Acts Amendment Act 1899 amended 3 (1) This section amends the Constitution Acts Amendment Act 1899. 4 (2) In Schedule V Part 3: 5 (a) in the item relating to the Electricity Generation 6 Corporation after "Generation" insert: 7 8 and Retail 9 10 (b) delete the item relating to the Electricity Retail 11 Corporation. 12 38. Economic Regulation Authority Act 2003 amended 13 (1) This section amends the Economic Regulation Authority 14 Act 2003. 15 (2) In section 20(5) in the definition of relevant entity delete 16 paragraph (c) and insert: 17 18 (c) a body established by the Electricity 19 Corporations Act 2005 section 4(1). 20 21 39. Electricity Industry Act 2004 amended 22 (1) This section amends the Electricity Industry Act 2004. 23 (2) In section 3 delete the definitions of: 24 electricity corporation 25 Electricity Generation Corporation 26 Electricity Retail Corporation page 36 Electricity Corporations Amendment Bill 2013 Other Acts amended Part 3 s. 40 1 (3) In section 3 insert in alphabetical order: 2 3 electricity corporation means -- 4 (a) the Electricity Generation and Retail 5 Corporation; or 6 (b) the Electricity Networks Corporation; or 7 (c) the Regional Power Corporation; 8 Electricity Generation and Retail Corporation has the 9 meaning given in the Electricity Corporations Act 2005 10 section 3(1); 11 12 (4) In section 54A(1) in the definition of corporation after 13 "Electricity" insert: 14 15 Generation and 16 17 (5) In section 71(4)(a) after "Electricity" insert: 18 19 Generation and 20 21 40. Energy Arbitration and Review Act 1998 amended 22 (1) This section amends the Energy Arbitration and Review 23 Act 1998. 24 (2) Delete section 50(2A) and insert: 25 26 (2A) The Board has the functions conferred on it under the 27 Electricity Industry Act 2004, the Gas Services 28 Information Act 2012 or any other written law. 29 page 37 Electricity Corporations Amendment Bill 2013 Part 3 Other Acts amended s. 41 1 (3) In section 80(5) delete the definition of electricity corporation 2 and insert: 3 4 electricity corporation means a body established by the 5 Electricity Corporations Act 2005 section 4(1). 6 7 41. Energy Operators (Powers) Act 1979 amended 8 (1) This section amends the Energy Operators (Powers) Act 1979. 9 (2) In section 4(1) delete the definition of electricity corporation 10 and insert: 11 12 electricity corporation means a body established by the 13 Electricity Corporations Act 2005 section 4(1); 14 15 42. Equal Opportunity Act 1984 amended 16 (1) This section amends the Equal Opportunity Act 1984. 17 (2) Delete section 139(1)(c) and insert: 18 19 (c) each of the bodies established by the Electricity 20 Corporations Act 2005 section 4(1); and 21 22 43. Fines, Penalties and Infringement Notices Enforcement 23 Act 1994 amended 24 (1) This section amends the Fines, Penalties and Infringement 25 Notices Enforcement Act 1994. 26 (2) In section 3(1) delete the definition of Electricity Retail 27 Corporation. page 38 Electricity Corporations Amendment Bill 2013 Other Acts amended Part 3 s. 44 1 (3) In section 3(1) insert in alphabetical order: 2 3 Electricity Generation and Retail Corporation has the 4 meaning given in the Electricity Corporations Act 2005 5 section 3(1); 6 7 (4) In section 5(4)(b) after "Electricity" insert: 8 9 Generation and 10 11 (5) In section 10(b) after "Electricity" insert: 12 13 Generation and 14 15 Note: The heading to amended section 10 is to read: 16 Registrar has access to records of Director General and 17 Electricity Generation and Retail Corporation 18 44. Public Sector Management Act 1994 amended 19 (1) This section amends the Public Sector Management Act 1994. 20 (2) Delete Schedule 1 item 21 and insert: 21 21 A body established by the Electricity Corporations Act 2005 section 4(1) 22 23 45. Public Works Act 1902 amended 24 (1) This section amends the Public Works Act 1902. 25 (2) Delete section 5B(1)(c) and insert: 26 27 (c) in the case of the Minister of the Crown 28 referred to in section 5A(d), to a body page 39 Electricity Corporations Amendment Bill 2013 Part 3 Other Acts amended s. 46 1 established by the Electricity Corporations 2 Act 2005 section 4(1) or to an officer of such a 3 body; or 4 5 46. State Records Act 2000 amended 6 (1) This section amends the State Records Act 2000. 7 (2) Delete Schedule 3 item 1 and insert: 8 9 1. A body established by the Electricity Corporations Act 2005 10 section 4(1). 11 12
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