sec.54Power to make transfer scheme

### sec.54 Power to make transfer scheme A distributor-retailer and its participating local governments may enter into an agreement or agreements (each a transfer scheme ) about— the transfer of assets, employees, instruments or liabilities of any of the following to allow the distributor-retailer to perform its geographic area functions— the local governments; a joint local government under LGA 2009 or CBA 2010 all or part of the area of which includes the SEQ region; the Metropolitan Water Supply and Sewerage Board constituted under the Metropolitan Water Supply and Sewerage Act 1909 ; and any other incidental, consequential or supplemental matter the distributor-retailer and the local governments consider necessary for the transfer. However, a transfer scheme has no effect unless it has been approved by the Minister and has taken effect under division 2 . The matters mentioned in subsection (1) are the transition to a distributor-retailer from its participating local governments. s 54 amd 2012 No.1 s 105 sch (sec.54-ssec.1) A distributor-retailer and its participating local governments may enter into an agreement or agreements (each a transfer scheme ) about— the transfer of assets, employees, instruments or liabilities of any of the following to allow the distributor-retailer to perform its geographic area functions— the local governments; a joint local government under LGA 2009 or CBA 2010 all or part of the area of which includes the SEQ region; the Metropolitan Water Supply and Sewerage Board constituted under the Metropolitan Water Supply and Sewerage Act 1909 ; and any other incidental, consequential or supplemental matter the distributor-retailer and the local governments consider necessary for the transfer. (sec.54-ssec.2) However, a transfer scheme has no effect unless it has been approved by the Minister and has taken effect under division 2 . (sec.54-ssec.3) The matters mentioned in subsection (1) are the transition to a distributor-retailer from its participating local governments. - (a) the transfer of assets, employees, instruments or liabilities of any of the following to allow the distributor-retailer to perform its geographic area functions— (i) the local governments; (ii) a joint local government under LGA 2009 or CBA 2010 all or part of the area of which includes the SEQ region; (iii) the Metropolitan Water Supply and Sewerage Board constituted under the Metropolitan Water Supply and Sewerage Act 1909 ; and - (i) the local governments; - (ii) a joint local government under LGA 2009 or CBA 2010 all or part of the area of which includes the SEQ region; - (iii) the Metropolitan Water Supply and Sewerage Board constituted under the Metropolitan Water Supply and Sewerage Act 1909 ; and - (b) any other incidental, consequential or supplemental matter the distributor-retailer and the local governments consider necessary for the transfer. - (i) the local governments; - (ii) a joint local government under LGA 2009 or CBA 2010 all or part of the area of which includes the SEQ region; - (iii) the Metropolitan Water Supply and Sewerage Board constituted under the Metropolitan Water Supply and Sewerage Act 1909 ; and