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South-East Queensland Water (Distribution and Retail Restructuring) Act 2009
sec.92ESOther provisions for dissolution
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### sec.92ES Other provisions for dissolution
No amount, whether by way of compensation, reimbursement or otherwise, is payable by—
the State for or in connection with the enactment or operation of this part; or
the Minister for fixing Allconnex’s dissolution day.
To remove any doubt, it is declared that this part does not limit or otherwise affect a following right that had accrued or was accruing immediately before Allconnex’s dissolution day—
a right of a former member of Allconnex to a benefit or entitlement under a contract concerning that membership;
a right of the former chief executive officer of Allconnex to a benefit or entitlement under a contract concerning that employment.
On Allconnex’s dissolution day, the benefit or entitlement ceases to accrue and becomes payable as if—
the contract had, according to its terms, been terminated on that day; and
the termination had been other than by Allconnex.
Subject to any retransfer document, the withdrawn councils are Allconnex’s proportional joint successor for the liability for the benefit or entitlement.
s 92ES ins 2012 No. 1 s 23
(sec.92ES-ssec.1) No amount, whether by way of compensation, reimbursement or otherwise, is payable by— the State for or in connection with the enactment or operation of this part; or the Minister for fixing Allconnex’s dissolution day.
(sec.92ES-ssec.2) To remove any doubt, it is declared that this part does not limit or otherwise affect a following right that had accrued or was accruing immediately before Allconnex’s dissolution day— a right of a former member of Allconnex to a benefit or entitlement under a contract concerning that membership; a right of the former chief executive officer of Allconnex to a benefit or entitlement under a contract concerning that employment.
(sec.92ES-ssec.3) On Allconnex’s dissolution day, the benefit or entitlement ceases to accrue and becomes payable as if— the contract had, according to its terms, been terminated on that day; and the termination had been other than by Allconnex.
(sec.92ES-ssec.4) Subject to any retransfer document, the withdrawn councils are Allconnex’s proportional joint successor for the liability for the benefit or entitlement.
- (a) the State for or in connection with the enactment or operation of this part; or
- (b) the Minister for fixing Allconnex’s dissolution day.
- (a) a right of a former member of Allconnex to a benefit or entitlement under a contract concerning that membership;
- (b) a right of the former chief executive officer of Allconnex to a benefit or entitlement under a contract concerning that employment.
- (a) the contract had, according to its terms, been terminated on that day; and
- (b) the termination had been other than by Allconnex.