GAS INDUSTRY RESTRUCTURING ACT 1986 - As at 21 June 2012 - Act 213 of 1986

Table of Provisions

• Long Title

PART 1 - PRELIMINARY

• 1 Name of Act
• 2 Commencement
• 3 Interpretation
• 4 Application of this Act to AGL
5-7. (Repealed)

PART 2 - (Repealed)

PART 3 - STRUCTURE OF THE GAS INDUSTRY

Division 1 - (Repealed)

Division 2 - Future operation of the industry

• 31 Extension of powers of AGL and certain gas companies
32-37. (Repealed)
• 38 Application of Corporations legislation to AGL and its subsidiaries
• 39 Liability of shareholders of AGL, Newcastle Gas Co

PART 4 - THE AUSTRALIAN GAS LIGHT COMPANY--SPECIAL PROVISIONS

• 40 Shareholding--interpretation
• 41 Maximum shareholding in AGL
• 42 Approvals
• 43 Notice of suspected contravention
• 44 Directions concerning approved shareholdings
• 45 Powers of Minister to deal with contravention
• 46 Powers of AGL
• 47 Payment of deferred dividend etc
• 48 Forfeiture of shares required to be disposed of
• 49 Power of Corporation to deal with shares
• 50 Information concerning shareholding
• 50A Minister may require Company to furnish certain shareholding information
51-55. (Repealed)
• 56 Minister may obtain expert advice concerning prohibited shareholdings
• 56A Statements from Company concerning monitoring of Share Register
• 56B Application of Corporations legislation to this Part
• 56C Amendments made by AGL Corporate Conversion Act 2002 apply to matters occurring on or after 2 April 2001
PART 5 57-69. (Repealed)
• 70 Gas Customers Reserve Account

PART 5A - TRANSFER OF RIGHTS AND LIABILITIES UNDER CUSTOMER SUPPLY CONTRACTS

• 71 Definitions
72. (Repealed)
• 73 Vesting of gas supply arrangements in transferee
• 74 Date of vesting
• 75 Stamp duty
• 76 Confirmation of vesting
77-83. (Repealed)

PART 9 - MISCELLANEOUS

• 132 Secrecy
133, 134. (Repealed)
• 135 Service of documents
136, 137. (Repealed)
• 138 Proceedings for offences
• 139 Regulations
• 140 Savings and transitional provisions
• SCHEDULE 1
Schedule 2A (Repealed)
• SCHEDULE 3