SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 77B Bundled agreements—terms relating solely to water aspects

SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 77B

77B Bundled agreements—terms relating solely to water aspects

(1) This section applies if—

(a) the agreement is a bundled agreement; and

(b) a term of the agreement solely relates to either or both of the following (each a
"water aspect" )—

(i) the water infrastructure;

(ii) the carrying out of water infrastructure work.

(2) The distributor-retailer assumes the following under the term—

(a) the local government’s rights against another party to the agreement (each an
"assumed right" );

(b) the local government’s liabilities to another party to the agreement (each an
"assumed liability" ).

(3) An assumed right—

(a) may be discharged only by the discharging of it to the distributor-retailer; and

(b) may only be enforced by the distributor-retailer.

(4) An assumed liability—

(a) may be discharged only by the discharging of it by the distributor-retailer; and

(b) may be enforced only against the distributor-retailer.