sec.92BWWhat are withdrawal costs

### sec.92BW What are withdrawal costs Withdrawal costs , for Allconnex or a withdrawn council, are costs it has incurred, or will incur, because of any of the following— it becoming, or ceasing to be, a service provider; a withdrawn council’s commercialisation of a significant business or creation of a commercial business unit under section 92AJ ; the retransfer scheme; the retransfer; complying with any retransfer document; Allconnex’s dissolution; any matter consequential or incidental to a matter mentioned in paragraphs (a) to (f) ; any other matter relating to the matters mentioned in paragraphs (a) to (g) prescribed under a regulation. However, withdrawal costs do not include costs— for anticipated or actual revenue or profits; or for a failure to realise anticipated savings; or that a withdrawn council incurred from the beginning of 1 July 2012 in relation to the retransfer staff support framework; or that a withdrawn council (or any of its predecessors) would ordinarily incur as a service provider or local government had this Act never been enacted; or of a type prescribed under a regulation. In this section— costs includes— loss or damage; and costs that Allconnex or a withdrawn council has incurred or will incur for services they provide for themselves. s 92BW ins 2012 No. 1 s 23 amd 2012 No. 13 s 13 (retro) (sec.92BW-ssec.1) Withdrawal costs , for Allconnex or a withdrawn council, are costs it has incurred, or will incur, because of any of the following— it becoming, or ceasing to be, a service provider; a withdrawn council’s commercialisation of a significant business or creation of a commercial business unit under section 92AJ ; the retransfer scheme; the retransfer; complying with any retransfer document; Allconnex’s dissolution; any matter consequential or incidental to a matter mentioned in paragraphs (a) to (f) ; any other matter relating to the matters mentioned in paragraphs (a) to (g) prescribed under a regulation. (sec.92BW-ssec.2) However, withdrawal costs do not include costs— for anticipated or actual revenue or profits; or for a failure to realise anticipated savings; or that a withdrawn council incurred from the beginning of 1 July 2012 in relation to the retransfer staff support framework; or that a withdrawn council (or any of its predecessors) would ordinarily incur as a service provider or local government had this Act never been enacted; or of a type prescribed under a regulation. (sec.92BW-ssec.3) In this section— costs includes— loss or damage; and costs that Allconnex or a withdrawn council has incurred or will incur for services they provide for themselves. - (a) it becoming, or ceasing to be, a service provider; - (b) a withdrawn council’s commercialisation of a significant business or creation of a commercial business unit under section 92AJ ; - (c) the retransfer scheme; - (d) the retransfer; - (e) complying with any retransfer document; - (f) Allconnex’s dissolution; - (g) any matter consequential or incidental to a matter mentioned in paragraphs (a) to (f) ; - (h) any other matter relating to the matters mentioned in paragraphs (a) to (g) prescribed under a regulation. - (a) for anticipated or actual revenue or profits; or - (b) for a failure to realise anticipated savings; or - (c) that a withdrawn council incurred from the beginning of 1 July 2012 in relation to the retransfer staff support framework; or - (d) that a withdrawn council (or any of its predecessors) would ordinarily incur as a service provider or local government had this Act never been enacted; or - (e) of a type prescribed under a regulation. - (a) loss or damage; and - (b) costs that Allconnex or a withdrawn council has incurred or will incur for services they provide for themselves.