National Gas (Queensland) Law
sch.3-sec.75Parties to transfer must do anything necessary to perfect transfer
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sch.3-sec.75 Parties to transfer must do anything necessary to perfect transfer
AEMO must accept assets and liabilities transferred to it under this Part or under jurisdictional legislation. The South Australian Minister may direct AEMO’s directors to accept, on AEMO’s behalf, a transfer of assets or liabilities made under this Part or under jurisdictional legislation. The relevant parties must take necessary action to perfect a transfer of assets or liabilities under this Part or under jurisdictional legislation. The South Australian Minister may direct the directors of a relevant party to ensure that the relevant party complies with an obligation imposed under subclause (3). In this clause— relevant party means— AEMO; or AEMO T; or GMC. sch 3 s 75 ins 2009 No. 30 (SA) s 49 (sch.3-sec.75-ssec.1) AEMO must accept assets and liabilities transferred to it under this Part or under jurisdictional legislation. (sch.3-sec.75-ssec.2) The South Australian Minister may direct AEMO’s directors to accept, on AEMO’s behalf, a transfer of assets or liabilities made under this Part or under jurisdictional legislation. (sch.3-sec.75-ssec.3) The relevant parties must take necessary action to perfect a transfer of assets or liabilities under this Part or under jurisdictional legislation. (sch.3-sec.75-ssec.4) The South Australian Minister may direct the directors of a relevant party to ensure that the relevant party complies with an obligation imposed under subclause (3). (sch.3-sec.75-ssec.5) In this clause— relevant party means— AEMO; or AEMO T; or GMC.
- (a) AEMO; or
- (b) AEMO T; or
- (c) GMC.