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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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The recipient entity of an asset, liability or instrument transferred under this part is the successor in law of CS Energy in relation to the asset, liability or instrument. However, nothing in subsection (1) imposes a liability on the recipient entity to the extent that— the liability has not been transferred to the recipient entity under section 16 ; or CS Energy is liable for the liability under section 20 . The recipient entity is liable for a liability, relating to an asset, liability or instrument transferred under this part, that arises on or after the transfer. However, see section 20 . (sec.19-ssec.1) The recipient entity of an asset, liability or instrument transferred under this part is the successor in law of CS Energy in relation to the asset, liability or instrument. (sec.19-ssec.2) However, nothing in subsection (1) imposes a liability on the recipient entity to the extent that— the liability has not been transferred to the recipient entity under section 16 ; or CS Energy is liable for the liability under section 20 . (sec.19-ssec.3) The recipient entity is liable for a liability, relating to an asset, liability or instrument transferred under this part, that arises on or after the transfer. However, see section 20 .