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This order may be cited as the Rail Infrastructure (Rail Infrastructure Manager) Revocation Order 2009 .
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Tasmania regulation
This order revokes the Rail Infrastructure Order 2007 once the 2009 Business Sale Agreement between the Crown and named Pacific National entities reaches Completion. It changes the legal status of the specified rail infrastructure and related assets at the moment ownership and operational arrangements under that sale are finalised, affecting who holds statutory roles and regulatory status for that infrastructure.
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Direct links to the current provisions in Rail Infrastructure (Rail Infrastructure Manager) Revocation Order 2009.
This order may be cited as the Rail Infrastructure (Rail Infrastructure Manager) Revocation Order 2009 .
This order takes effect at the time on the day on which completion of the Business Sale Agreement occurs.
In this order –
Business Sale Agreement means the agreement, for the sale and purchase of rail infrastructure and related assets and rail businesses, entered into in the year 2009 –
(a) by Pacific National Pty Ltd (ACN 098 060 550), Pacific National (Tasmania) Pty Limited (ACN 079 371 305), PN Tas (Operations) Pty Limited (ACN 078 295 468), PN Tas (Services) Pty Limited (ACN 078 906 519), together as the seller; and
(b) by the Crown, as the buyer;
completion of the Business Sale Agreement means the Completion within the meaning of the Business Sale Agreement.
The legislation specified in Schedule 1 is revoked.
| Rail Infrastructure Order 2007 (No. 119 of 2007) |
Displayed and numbered in accordance with the Rules Publication Act 1953.
Notified in the Gazette on 25 November 2009
This order is administered in the Department of Infrastructure, Energy and Resources.
Sourced from Tasmanian Legislation Online (legislation.tas.gov.au), CC BY 4.0.
This order may be cited as the Rail Infrastructure (Rail Infrastructure Manager) Revocation Order 2009 .
This order takes effect at the time on the day on which completion of the Business Sale Agreement occurs.
In this order –
Business Sale Agreement means the agreement, for the sale and purchase of rail infrastructure and related assets and rail businesses, entered into in the year 2009 –
(a) by Pacific National Pty Ltd (ACN 098 060 550), Pacific National (Tasmania) Pty Limited (ACN 079 371 305), PN Tas (Operations) Pty Limited (ACN 078 295 468), PN Tas (Services) Pty Limited (ACN 078 906 519), together as the seller; and
(b) by the Crown, as the buyer;
completion of the Business Sale Agreement means the Completion within the meaning of the Business Sale Agreement.
The legislation specified in Schedule 1 is revoked.
Clause 4
| Rail Infrastructure Order 2007 (No. 119 of 2007) |
Displayed and numbered in accordance with the Rules Publication Act 1953.
Notified in the Gazette on 25 November 2009
This order is administered in the Department of Infrastructure, Energy and Resources.