New South Wales Consolidated Acts

GAS INDUSTRY RESTRUCTURING ACT 1986 - SECT 56A

56A Statements from Company concerning monitoring of Share Register

(1) In this section:
"post-enactment period" means the period commencing on the date of assent to the AGL Corporate Conversion Act 2002 and ending on the registration day within the meaning of that Act (inclusive).
"pre-enactment period" means the period commencing on 2 April 2001 and ending on the day immediately before the date of assent to the AGL Corporate Conversion Act 2002 (inclusive).

(2) The Company must, within 7 days after the end of the pre-enactment period:

(a) examine the Share Register of the Company for the pre-enactment period, and

(b) provide the Minister with a written statement that:

(i) states whether, following that examination, the Company suspects that any person may have contravened section 41 during the pre-enactment period, and

(ii) gives details of any such suspected contravention (including details of any suspected contravention previously notified to the Minister under section 43 (1)).

Maximum penalty: 100 penalty units.

(3) The Company must, within 7 days after the end of the post-enactment period:

(a) examine the Share Register of the Company for the post-enactment period, and

(b) provide the Minister with a written statement that:

(i) states whether, following that examination, the Company suspects that any person may have contravened section 41 during the post-enactment period, and

(ii) gives details of any such suspected contravention (including details of any suspected contravention previously notified to the Minister under section 43 (1)).

Maximum penalty: 100 penalty units.