NTIn ForceAct
Electricity Reform Act 2000
44JVesting of rights and other matters
Start here
Get a plain-English read of 44J
Turn the raw legal text into a practical explanation grounded in Electricity Reform Act 2000.
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.