31Extension of powers of AGL and certain gas companies

31 Extension of powers of AGL and certain gas companies

31 Extension of powers of AGL and certain gas companies

(1) The Australian Gas Light Company, Newcastle Gas Company Limited, City of Goulburn Gas and Coke Company (Limited) and Wollongong Gas Limited have the rights, powers and privileges of a natural person and such additional rights, powers and privileges as are conferred on a company by the Corporations Act 2001 of the Commonwealth.

(2) Nothing in a company’s relevant Act prohibits or restricts the exercise of a power by the company or limits the exercise of a power by the company to the pursuit of the objects of the company under the relevant Act.

(3) Any act, matter or thing done or purporting to have been done by a company before the commencement of this section which would, if done after that commencement, have been validly done is validated.

(4) Notwithstanding the provisions of a company’s relevant Act, the company is authorised to do any act or thing necessary for or reasonably incidental to engaging in the reticulation of gas if authorised to do so under this Act.

(5) In this section:

relevant Act means:

(a) in relation to The Australian Gas Light Company—the Australian Gas Light Company Act 1837,

(b) in relation to Newcastle Gas Company Limited—the City of Newcastle Gas and Coke Company’s Incorporation Act 1866,

(c) in relation to the City of Goulburn Gas and Coke Company (Limited)—The City of Goulburn Gas and Coke Company’s Incorporation Act, and

(d) in relation to Wollongong Gas Limited—the Wollongong Gas-light Company (Limited) Act of 1883.

s 31: Am 2001 No 34, Sch 2.23 [4].