5Transitional arrangements with respect to certain liabilities affecting electricity generators

5 Transitional arrangements with respect to certain liabilities affecting electricity generators

5 Transitional arrangements with respect to certain liabilities affecting electricity generators

(1) This clause applies to and in relation to any contract for the supply of electricity that was entered into by Pacific Power or by an electricity generator (within the meaning of the Energy Services Corporations Act 1995) before the appointed day, other than a protected contract.

(2) Despite clause 2 of Schedule 2 to the 1997 Act:

(a) section 78 of the National Electricity (NSW) Law applies, and

(b) section 83 of the Electricity (Pacific Power) Act 1950 does not apply,

for the purposes of any contract to which this clause applies and of any proceedings arising out of, or calling into question any provision of, a contract to which this clause applies.

(3) This clause does not affect the operation of clause 2 of Schedule 2 to the 1997 Act with respect to a protected contract.