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National Electricity (Victoria) Act 2005
127Substitution of party to agreement
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127 Substitution of party to agreement
If, under an allocation statement, the rights and liabilities of the Crown under an agreement are allocated to VicGrid—
(a) VicGrid becomes, on the relevant date, a party to the agreement in place of the Crown; and
(b) on and after the relevant date, the agreement has effect as if VicGrid had always been a party to the agreement.
S. 128 inserted by No. 38/2025 s. 57.