SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 92BN
Negotiation required if more than 1 successor
SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 92BN
Negotiation required if more than 1 successor
92BN Negotiation required if more than 1 successor
(1) This section applies if there is more than 1 successor.
(2) The
successors must negotiate in good faith to reach an agreement about the extent
to which each of them are to share all of Allconnex’s following rights and
liabilities—
(a) those under the agreement;
(b) those relating to all
Allconnex planning matters;
(c) for any costs incurred because of enforcement
mentioned in section 77C;
(d) for any costs, damage, liability or loss
incurred because of section 77D(2) .
(3) The agreement may provide for how
the shares of the rights and liabilities may be discharged or enforced.
(4)
If, after the negotiation, the councils are still in dispute about a matter
mentioned in subsection (1) , any of the councils may refer the dispute to the
Minister.
(5) The Minister may resolve the dispute using any process the
Minister considers appropriate that affords natural justice to the councils.