New South Wales Consolidated Regulations

ENERGY SERVICES CORPORATIONS (DISSOLUTION OF AUSTRALIAN INLAND ENERGY WATER INFRASTRUCTURE) REGULATION 2005 - REG 6

6 Country Energy may act in own name or in name of Australian Inland Energy Water Infrastructure

(1) On and from the commencement of this Regulation, Country Energy may act in its own name as the universal successor of Australian Inland Energy Water Infrastructure or (if necessary) may act in the name of Australian Inland Energy Water Infrastructure.

(2) Subclause (1) applies for all purposes, including for the purpose of the rules of private international law.

(3) Without limiting subclause (1), Country Energy may act in the name of Australian Inland Energy Water Infrastructure if it is necessary to do so under the law of any country:

(a) to perfect the transfer of any asset, right or liability of Australian Inland Energy Water Infrastructure, or

(b) to take, defend or maintain legal proceedings in connection with any such asset, right or liability.

(4) For the purposes of this clause, Country Energy is authorised to use the seal of Australian Inland Energy Water Infrastructure.

(5) In this clause, "asset", "right" and "liability" have the same meanings as they have in Schedule 3 to the Act.