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Government Owned Corporations (Generator Restructure—CleanCo) Regulation 2019
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Government Owned Corporations (Generator Restructure—CleanCo) Regulation 2019
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Turn the raw legal text into a practical explanation grounded in Government Owned Corporations (Generator Restructure—CleanCo) Regulation 2019.
The shareholding Ministers for Stanwell and the shareholding Ministers for CleanCo may jointly, by gazette notice, fix the date when a transfer schedule mentioned in section 11 (2) takes effect. However, the date fixed must not be before 10 May 2019 or after 1 July 2021. The notice has effect on the day it is published in the gazette. The date fixed may be the day the notice is published in the gazette or a later date stated in the notice. The notice must identify the transfer schedule to which it applies. (sec.12-ssec.1) The shareholding Ministers for Stanwell and the shareholding Ministers for CleanCo may jointly, by gazette notice, fix the date when a transfer schedule mentioned in section 11 (2) takes effect. (sec.12-ssec.2) However, the date fixed must not be before 10 May 2019 or after 1 July 2021. (sec.12-ssec.3) The notice has effect on the day it is published in the gazette. (sec.12-ssec.4) The date fixed may be the day the notice is published in the gazette or a later date stated in the notice. (sec.12-ssec.5) The notice must identify the transfer schedule to which it applies.