SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 92AJ
Creation of commercial business units for withdrawn councils
SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 92AJ
Creation of commercial business units for withdrawn councils
92AJ Creation of commercial business units for withdrawn councils
(1) For LGA 2009 , each withdrawn council is taken to have decided by
resolution to do the following—
(a) commercialise a significant business for
the services it provides as a water service provider (its
"WSP business" );
(b) create a commercial business unit for its WSP business.
(2) Until a withdrawn council decides otherwise, the name of its WSP business
is the name of its commercial business unit for the services under the
repealed Local Government Act 1993immediately before 1 July 2010.
(3) If a
withdrawn council’s WSP business proposes to develop significant water
infrastructure, the council must consult with any other withdrawn council or
distributor-retailer whose local government area or geographic area adjoins
the council’s local government area.
(4) To remove any doubt, it is
declared that this section does not limit or otherwise affect a withdrawn
council’s capacity under LGA 2009 to create a corporate entity to acquire
and conduct its WSP business.