SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 14 Statutory Bodies Financial Arrangements Act 1982

SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 14

14 Statutory Bodies Financial Arrangements Act 1982

(1) A distributor-retailer is a statutory body under the Statutory Bodies Financial Arrangements Act 1982 (the
"SBFA" ).

(2) The SBFA , part 2B sets out the way in which a distributor-retailer’s powers under this Act are affected by that Act.

(3) Despite the SBFA , section 31 (2) a distributor-retailer may operate an account with an overdraft facility without the Treasurer’s approval under the SBFA .