Gas Corporation (Business Disposal) Bill 1999


Bill No.116

SynopsisThe purpose of this Bill is to provide for the sale of AlintaGas by way of a Cornerstone Initial Public Offering (IPO). The Bill includes provisions that -
  • establish the basis for the disposal of AlintaGas;
  • enable and facilitate a convenient transfer of the business of AlintaGas from the corporation to the new owner;
  • empower the Governor to make regulations for purposes related to the sale including to provide for a tariff path to 2002 and a capped tariff thereafter; and
  • amend, or modify, a substantial number of other Acts to ensure a suitable industry structure is in place (including safety and consumer protection measures) in the context of a privately owned AlintaGas.

StatusAssented to 12/24/1999
Royal Assent given 24 Dec 1999 as Act No. 58 of 1999. Different sections of this Act come into operation on Royal Assent and Proclamation. For details refer to Commencement Clause of the Bill (see also Assent and Commencement information for Acts)

Current Bill

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Inactive hide details for Previous Versions of this BillPrevious Versions of this Bill




Progress

Legislative Assembly DateNote No.Related Documents
Introduced 06/29/1999  
First Reading 06/30/1999  
Second Reading 07/01/1999 1, 2 
Second Reading Speech   
Second Reading Agreed 09/16/1999  
Consideration in Detail 09/16/1999  
Amendments adopted 10/12/1999  
Third Reading 10/14/1999  


Legislative Council DateNote No.Related Documents
First Reading 10/14/1999  
Second Reading 10/14/1999  
Second Reading Speech   
Second Reading Agreed 12/15/1999  
Committee of the whole 12/15/1999  
Third Reading 12/15/1999  


Notes
1. Restored from the Second Session of Parliament on 11 August 1999.
2. Explanatory memorandum provided.
3. Proforma amendments made to the Bill.