New South Wales Consolidated Acts

SNOWY HYDRO CORPORATISATION ACT 1997 - SECT 39

39 Lease, licence etc under NPW Act for existing Snowy electricity transmission undertaking

(1) The power to grant a lease, licence, easement or right of way under Part 12 of the NPW Act over the Kosciuszko National Park or any other land reserved or dedicated under the NPW Act may be exercised for the purposes of enabling TransGrid to operate an electricity transmission system from the electricity generating works of the Snowy Hydro Company.

(2) TransGrid is entitled, on the corporatisation date, to such a grant by the Minister administering the NPW Act for the purposes of, and in connection with, the existing Snowy electricity transmission undertaking.

(3) The term of such a grant may be the same as those for the Snowy park lease.

(4) Such a grant may contain provisions for its variation or revocation.