New South Wales Consolidated Acts

AGL CORPORATE CONVERSION ACT 2002 - SECT 5

5 Preserved resolutions

(1) In this Act:
"consolidated published constitution" means the publication entitled The Australian Gas Light Company: Constituent documents, ISBN 0-9580690-0-X , published by AGL in March 2002.
"preserved resolution" means any of the following resolutions of the proprietors of AGL that was in force under the constitution of AGL immediately before the conversion day:

(a) the resolution referred to in the consolidated published constitution as R1/1985 relating to non-executive directors’ retiring allowances,

(b) the resolution referred to in the consolidated published constitution as R5A/1987 relating to the AGL Management Share Plan,

(c) the resolution referred to in the consolidated published constitution as R1/1988 relating to the AGL Employee Share Plan,

(d) the resolution referred to in the consolidated published constitution as R8/1992 relating to the AGL Share Investment Plan,

(e) the resolution referred to in the consolidated published constitution as R3/1997 relating to the AGL Share Reward Plan,

(f) the resolution referred to in the consolidated published constitution as R4/1997 relating to the AGL Share Purchase Plan,

(g) the resolution referred to in the consolidated published constitution as R5/1997 relating to the AGL Share Loan Plan,

(h) the resolution referred to in the consolidated published constitution as R1/1998 relating to The Australian Gas Light Company Dividend Re-investment Plan,

(i) the resolution referred to in the consolidated published constitution as R1/2000 relating to remuneration of non-executive directors,

(j) such other resolutions of the proprietors of AGL as may be prescribed by the regulations.

(2) A regulation referred to in subsection (1) (j) may be made before, on or after the conversion day.