New South Wales Consolidated Acts

ERARING POWER STATION ACT 1981 - SECT 12

12 Form etc of special arrangements

(1) A special arrangement, any obligations or liabilities created by or arising out of a special arrangement, or any charge in respect of those obligations or liabilities, shall, if the Governor so directs, be:

(a) in such form,

(b) in such amounts and such currencies,

(c) expressed in such manner and on such terms and conditions,

(d) expressed to be assignable, not assignable or assignable on such terms and conditions, and

(e) upon such security,

as the Governor may approve.

(2) A direction or approval under this section shall be given on the recommendation of the Minister and with the concurrence of the Treasurer.