SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 92BY Allconnex’s withdrawal costs

SOUTH-EAST QUEENSLAND WATER (DISTRIBUTION AND RETAIL RESTRUCTURING) ACT 2009 - SECT 92BY

92BY Allconnex’s withdrawal costs

(1) Subject to sections 92CB and 92CC , the Gold Coast City Council must pay Allconnex’s withdrawal costs.

(2) For this chapter or any retransfer document, the entitlement under subsection (1) is an asset of Allconnex.

(3) The payment must be made to—

(a) until the retransfer scheme takes effect—Allconnex; or

(b) otherwise—Allconnex’s successor to the asset under any retransfer document or section 92BI .