{"id":"F2018L00574","name":"National Transmission Network Sale (Exemption from Restrictions on Transfer of Assets—Liverpool) Notice 2018","slug":"national-transmission-network-sale-exemption-from-restrictions-on-transfer-of-assets-liverpool-notic","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":100030,"registerId":"commonwealth-F2018L00574-current","compilationNumber":null,"startDate":"2026-04-02","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Name","content":"#### 1 Name\n\n  This instrument is the National Transmission Network Sale (Exemption from Restrictions on Transfer of Assets—Liverpool) Notice 2018.","sortOrder":0},{"sectionNumber":"3","sectionType":"section","heading":"Authority","content":"#### 3 Authority\n\n  This instrument is made under subsection 18(6) of the National Transmission Network Sale Act 1998.","sortOrder":1},{"sectionNumber":"4","sectionType":"section","heading":"Definitions","content":"#### 4 Definitions\n\n  In this instrument:\n\n> Act means National Transmission Network Sale Act 1998.\n\n> Note: A number of expressions used in this instrument are defined in the Act, including the following:\n\n    (a) asset.","sortOrder":2},{"sectionNumber":"5","sectionType":"section","heading":"Exemption","content":"#### 5 Exemption\n\n  For the purposes of subsection 18(5) of the Act, the following asset is exempted from the operation of section 18 of the Act:\n    (a) Folio Identifier: 1/740573 being Lot 1 in Deposited Plan 740573, County of Cumberland, Parish of St Luke;\n  being land situated at Wonga Road, Prestons, New South Wales that was identified as site number 2060 (Liverpool) in Part 1 of Schedule A to the declaration made under subsections 9(1) and (2) of the Act dated 27 April 1999 and published in the Gazette on 29 April 1999.","sortOrder":3}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This instrument performs exactly the function contemplated by its enabling legislation. Section 18 of the National Transmission Network Sale Act 1998 restricts transfers of certain assets, and subsection 18(6) expressly authorises exemptions by legislative instrument. The Notice exempts one specific asset as permitted, without expanding beyond the statutory scheme."},"complexity_factors":["Extremely short instrument (only 5 sections, effectively 3 substantive provisions)","Only 1 defined term ('Act'), with a note referencing external definitions","Single, unambiguous exemption with no conditions, exceptions, or nested logic","No cross-references beyond the empowering provision (subsection 18(6)) and the target provision (section 18)","Highly specific factual description using land title identifiers (folio, deposited plan, county, parish) rather than legal concepts"],"plain_english_summary":"This is a very specific, technical legal instrument that gives a **one-off exemption** to allow a particular piece of land to be sold or transferred.\n\n**What it does:**\nNormally, the *National Transmission Network Sale Act 1998* places restrictions on selling certain assets that were originally part of Australia's national electricity transmission network. This Notice creates an **exemption** (a legal 'exception') for one specific property.\n\n**Which property:**\n- A parcel of land at **Wonga Road, Prestons, New South Wales** (near Liverpool)\n- Officially described as Lot 1 in Deposited Plan 740573, County of Cumberland, Parish of St Luke\n- Originally designated as \"site number 2060 (Liverpool)\" in the 1999 sale of the national transmission network\n\n**Who it affects:**\n- The current owner of this specific land (likely an electricity network company or its successor)\n- Anyone looking to buy or develop this particular property\n\n**Why it matters:**\nWithout this exemption, the land couldn't be freely sold or transferred due to restrictions in the 1998 Act. This Notice removes that barrier for this one site, probably to allow a property development, sale, or change of use to proceed. It's a narrow, administrative fix for a specific title issue."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":true,"description":"The instrument removes a specific parcel (site number 2060, Folio Identifier 1/740573 Lot 1 DP740573 at Wonga Road, Prestons) from the operation of section 18 of the National Transmission Network Sale Act 1998 (s5). That parcel had previously been listed in Part 1 of Schedule A to the 27 April 1999 declaration; the Notice narrows the set of assets subject to section 18 by exempting this item (s5)."},"complexity_factors":["Extremely narrow scope (single identified land parcel) reduces substantive complexity (s5).","Relies on cross‑references to the principal Act (definitions and powers), requiring users to consult the Act for full effect (s3, s4).","No procedural conditions, qualifications, or multi‑step mechanisms included in the instrument itself (s5).","Legal precision in land identification (folio identifier, deposited plan, schedule reference) requires accuracy in cadastral/legal title terms (s5)."],"plain_english_summary":"What this instrument does (mechanical change)\n\n- This Notice removes the effect of section 18 of the National Transmission Network Sale Act 1998 for one specific parcel of land. The exemption is set out in section 5 of the instrument (see section 5).\n- The parcel is identified as Folio Identifier 1/740573 (Lot 1 in Deposited Plan 740573) at Wonga Road, Prestons, New South Wales — the property that was recorded as site number 2060 (Liverpool) in Part 1 of Schedule A to the declaration made on 27 April 1999 (see section 5).\n- The Notice is made under the power in subsection 18(6) of the Act (see section 3). The instrument also notes that certain terms (for example, “asset”) are defined in the Act (see section 4).\n\nWhat this means in plain terms\n\n- The immediate legal effect is narrow and specific: for that single lot, the provision of the Act identified as “section 18” will not operate. The Notice does not itself describe the content of section 18; it simply exempts the named asset from that provision (s5).\n- Because the instrument is an exemption under the Act, the person or office that may exercise the authority in subsection 18(6) has used that power to make this change (s3). The instrument does not name the decision‑maker or state reasons beyond the identification of the site (s3, s5).\n\nWho pays, who decides, and what behaviour changes\n\n- Who decides: the authority granted by subsection 18(6) of the Act made the Notice (s3). The instrument does not identify the individual or office in the text supplied.\n- Who benefits/loses: the immediate and concentrated benefit accrues to the party or parties dealing with the specified parcel (owner, buyer, or transferee) because the statutory rule in section 18 no longer applies to that land (s5). Any broader effect on third parties or the public is not described in the instrument.\n- Behaviour change: the exemption permits transfers or other transactions involving that specific lot to proceed without being subject to the operation of section 18 of the Act (s5). The instrument does not itself set transaction terms, conditions, or processes.\n\nImplementation, incentives and compliance considerations\n\n- Compliance burden: the instrument is a one‑off legal exemption for a single property. It does not create an ongoing regulatory regime or reporting obligations in the text supplied. Administrative action is limited to effecting the statutory exemption and any consequent land‑title or transactional steps that parties must take when transferring the parcel (s5).\n- Discretion and legal footing: the power to make this exemption is provided by subsection 18(6) of the Act; the instrument records that power as its authority (s3). The scope for similar exemptions depends on the underlying Act’s delegation and criteria (the instrument does not restate those criteria) (s3).\n- Incentives and trade‑offs: the most direct incentive created by the Notice is to enable a particular private transaction or change in ownership for the named parcel by removing the application of section 18 to it (s5). The instrument does not describe compensating measures, conditions, or public interest safeguards. Any administrative or opportunity costs (for example, loss of whatever effect section 18 would have produced for that parcel) are not detailed here; they would depend on the content and intended effect of section 18 of the Act, which the instrument only exempts (s5).\n- Market effects: the effect on competition, prices, productivity, contract freedom or third‑party interests is not specified. Because the exemption covers a single, identified lot, the change is narrowly targeted; any broader market or public finance implications are not addressed in the instrument itself (s5).\n\nSummary statement\n\n- This instrument is a narrowly framed statutory exemption: it removes the operation of section 18 of the National Transmission Network Sale Act 1998 for one particular parcel of land identified in section 5, under the authority of subsection 18(6) of the Act (s3, s5). The instrument does not provide reasons, conditions, or wider policy detail; its practical effect is to enable that parcel to be treated as outside section 18’s operation when parties deal with it (s5)."}},"importantCases":[],"_links":{"self":"/api/acts/national-transmission-network-sale-exemption-from-restrictions-on-transfer-of-assets-liverpool-notic","history":"/api/acts/national-transmission-network-sale-exemption-from-restrictions-on-transfer-of-assets-liverpool-notic/history","analysis":"/api/acts/national-transmission-network-sale-exemption-from-restrictions-on-transfer-of-assets-liverpool-notic/analysis","conflicts":"/api/acts/national-transmission-network-sale-exemption-from-restrictions-on-transfer-of-assets-liverpool-notic/conflicts","importantCases":"/api/acts/national-transmission-network-sale-exemption-from-restrictions-on-transfer-of-assets-liverpool-notic/important-cases","documents":"/api/acts/national-transmission-network-sale-exemption-from-restrictions-on-transfer-of-assets-liverpool-notic/documents"}}