Public Authorities (Financial Arrangements) Act 1987 Public Authorities (Financial Arrangements) Amendment (Delta Electricity) Regulation 2002 (2002-383) [GG No 102 of 21.6.2002, p 4485] (NSW)
2002 No 383
| Public Authorities (Financial | New South Wales |
Arrangements) Amendment (Delta
Electricity) Regulation 2002
under the
Public Authorities (Financial Arrangements) Act 1987
Her Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Public Authorities (Financial Arrangements) Act 1987.
MICHAEL EGAN, M.L.C.,
Treasurer
Explanatory note
Schedule 4 to the Public Authorities (Financial Arrangements) Act 1987 provides that such additional investments as are prescribed are authorised for authorities that may exercise powers under certain Parts of Schedule 4 to that Act.
The object of this Regulation is to prescribe additional investments as authorised investments for Delta Electricity, an authority that may exercise Part 3 investment powers, and for Delta Electricity Australia Pty Ltd, an authority that may exercise Part 1 investment powers.
This Regulation is made under the Public Authorities (Financial Arrangements) Act 1987, including sections 24 and 43 (the general regulation-making power) and Schedule 4.
| Published in Gazette No 102 of 21 June 2002, page 4485 | Page 1 |
| [4] | |
| 2002 No 383 | |
| Clause 1 | Public Authorities (Financial Arrangements) Amendment (Delta Electricity) Regulation 2002 |
Public Authorities (Financial Arrangements)
Amendment (Delta Electricity) Regulation 2002
1 Name of Regulation
This Regulation is the Public Authorities (Financial Arrangements)
Amendment (Delta Electricity) Regulation 2002.
2 Amendment of Public Authorities (Financial Arrangements)
Regulation 2000
The Public Authorities (Financial Arrangements) Regulation 2000 is amended as set out in Schedule 1.
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2002 No 383
Public Authorities (Financial Arrangements) Amendment (Delta Electricity)
Regulation 2002
| Amendment | Schedule 1 |
| Schedule 1 | Amendment |
(Clause 2)
Clauses 52H and 52I
Insert after clause 52G:
52H Additional investment—Delta Electricity The following additional investment is prescribed in respect of Delta Electricity for the purposes of clause 4 (1) (l) of Schedule 4 to the Act:
Investment, made on terms and conditions approved by the Treasurer, in Delta Electricity Australia Pty Ltd (ACN 074 408 923).
52I Additional investment—Delta Electricity Australia Pty Ltd The following additional investment is prescribed in respect of Delta Electricity Australia Pty Ltd (ACN 074 408 923) for the purposes of clause 2 (c) of Schedule 4 to the Act:
Investment, made on terms and conditions approved by the Treasurer, in connection with the Sunshine Electricity Joint Venture.
BY AUTHORITY
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