19AERIC subsidiaries—the Act, s 7.3(2)

19A ERIC subsidiaries—the Act, s 7.3(2)

19A ERIC subsidiaries—the Act, s 7.3(2)

A GSF agency meeting all of the following requirements is prescribed not to be a reporting GSF agency—

(a) the agency is a controlled entity of a corporation constituted by the Electricity Retained Interest Corporations Act 2015 (an ERIC subsidiary),

(b) the agency’s financial position and financial performance are consolidated within the financial statements of another GSF agency (the second agency),

(c) the agency has the same accountable authority as the second agency.

s 19A: Ins 2025 (503), Sch 1[12].