Electricity Reform Act 2000
44JVesting of rights and other matters
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44J Vesting of rights and other matters The regulations may provide for any of the following in connection with an appointment under section 44D(1): (a) for the purpose of continuity of electricity supply for customers: (i) the vesting of assets, rights and interests of a failed retailer in a person; and (ii) the conferral of powers and duties; (b) the discharge or assignment of liabilities; (c) the disposal of property; (d) any other matter that is necessary or convenient to deal with the consequences of the appointment or the matters referred to in paragraphs (a) to (c), including the payment of compensation for or in relation to those matters.