Western Australian Consolidated Acts

WATER SERVICES LICENSING ACT 1995 - SECT 46L

46L .         Licensee to be treated as holder of assets for certain purposes

        (1)         If assets are held in accordance with an arrangement approved under section 46K — 

            (a)         the licensee has the same duties under this Part; and

            (b)         the powers given by this Part, other than Division 10, in respect of the licensee or the assets are the same,

                as if the assets were held by the licensee rather than the holding body.

        (2)         Without limiting section 45(2) or section 46M, regulations made in accordance with section 45(1) may provide that an enactment applies in relation to a licensee prescribed as if the assets were held by the licensee rather than the holding body.

        (3)         In subsection (2) — 

            (a)         the reference to an enactment includes reference to part of an enactment; and

            (b)         if the regulations prescribe a class of licensees, the reference to a licensee prescribed includes a reference to a licensee of a class prescribed.

        [Section 46L inserted by No. 33 of 1997 s. 3.]