New South Wales Consolidated Acts

SNOWY HYDRO CORPORATISATION ACT 1997 - SECT 3

3 Object of Act

(1) The object of this Act is to reform the Snowy Mountains Hydro-electric Scheme by corporatising the Snowy Mountains Hydro-electric Authority and making related changes to the Scheme.

(2) It is the intention of Parliament that this Act:

(a) is to operate concurrently with the Commonwealth and Victorian Corporatisation Acts, and

(b) is to have effect only to the extent to which it is within the legislative power of Parliament.