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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QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 92AJ Creation of commercial business units for withdrawn councils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Creation of commercial business units for withdrawn councils

92AJ Creation of commercial business units for withdrawn councils

(1) For LGA 2009 , each withdrawn council is taken to have decided by resolution to do the following—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(2) Until a withdrawn council decides otherwise, the name of its WSP business is the name of its commercial business unit for the services under the repealed Local Government Act 1993 immediately before 1 July 2010.
(3) If a withdrawn council’s WSP business proposes to develop significant water infrastructure, the council must consult with any other withdrawn council or distributor-retailer whose local government area or geographic area adjoins the council’s local government area.
(4) To remove any doubt, it is declared that this section does not limit or otherwise affect a withdrawn council’s capacity under LGA 2009 to create a corporate entity to acquire and conduct its WSP business.