Electricity Reform Act 2012
28Deregistration of Aurora Energy and Transend and subsidiaries
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28 Deregistration of Aurora Energy and Transend and subsidiaries
(1) If the Treasurer is satisfied that there are no longer any functions required to be performed by Aurora Energy, the Treasurer may apply, or require Aurora Energy to apply, for the deregistration of Aurora Energy under section 601AA of the Corporations Act.
(2) If the Treasurer is satisfied that there are no longer any functions required to be performed by Transend, the Treasurer may apply, or require Transend to apply, for the deregistration of Transend under section 601AA of the Corporations Act.
(3) If the Treasurer is satisfied that there are no longer any functions required to be performed by a subsidiary of Aurora Energy or Transend, the Treasurer may require the subsidiary to apply for the deregistration of the subsidiary under section 601AA of the Corporations Act.
(4) A requirement under this section is to be in writing.
(5) A company must comply with a requirement imposed on it under this section.