State Owned Corporations (National Electricity Market) Regulation 1996 (NSW)

1Name of Regulation

This Regulation may be cited as the State Owned Corporations (National Electricity Market) Regulation 1996.

2Commencement

This Regulation commences on 10 May 1996.

3Application of Corporations legislation to statutory SOCs(1)

A statutory SOC is declared to be an applied Corporations legislation matter for the purposes of Part 3 of the Corporations (Ancillary Provisions) Act 2001 in relation to the following provisions of the Corporations Act 2001 of the Commonwealth:

• (a)

  Chapter 8,

• (b)

  Part 9.1, in relation to the keeping of registers and the registration of documents in connection with matters arising under Chapter 8,

• (c)

  Part 9.3, in relation to books kept in connection with matters arising under Chapter 8,

• (d)

  Part 9.4, in relation to offences relating to matters arising under Chapter 8,

• (e)

  Part 9.6, in relation to proceedings on matters arising under Chapter 8,

• (f)

  section 1345A, in relation to matters arising under Chapter 8,

• (g)

  Part 9.10, in relation to matters arising under Chapter 8, as if a reference in that Part to the Commonwealth were a reference to New South Wales.

(2)

This clause applies only to energy services corporations within the meaning of the Energy Services Corporations Act 1995.