Electricity Supply Industry Restructuring (Savings and Transitional Provisions) Act 1995
8Permits, licences, authorisations and approvals
Start here
Get a plain-English read of 8
Turn the raw legal text into a practical explanation grounded in Electricity Supply Industry Restructuring (Savings and Transitional Provisions) Act 1995.
8 Permits, licences, authorisations and approvals
(1) Subject to subsection (2) , if a permit, licence, authorisation or approval was in force under the former Act immediately before the commencement of this Act, and the ESI Act contains provision for a similar kind of permit, licence, authorisation or approval, it continues in force, subject to the ESI Act , as if granted under the corresponding provision of the ESI Act .
(2) Unless renewed under the ESI Act , a permit, licence, authorisation or approval that continues in force under subsection (1) expires –
(a) at the end of the term for which it was granted or last renewed; or
(b) one year after the commencement of this Act –
whichever is the earlier.