63Gas infrastructure to be a chattel

63 Gas infrastructure to be a chattel

(1)  Gas infrastructure is a chattel and, subject to subsection (2) , capable of being acquired, owned, dealt with and disposed of as such.

(2)  Unless the Regulator gives written consent –

(a) gas infrastructure cannot be transferred, mortgaged or otherwise dealt with separately from the gas infrastructure land or the gas infrastructure land interest, related to the gas infrastructure; and

(b) gas infrastructure land, or a gas infrastructure land interest, cannot be transferred, mortgaged or dealt with separately from the gas infrastructure to which it relates.

(3)  In the absence of an agreement in writing to the contrary, the ownership of gas infrastructure is not affected by the fact that it has been laid or installed in or under land.