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.

StatusLegislative Assembly Second Reading 07/01/1999
This Act comes into operation on a day fixed by Proclamation

Current Bill

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Progress

Legislative Assembly DateNote No.Related Documents
Introduced 06/29/1999  
First Reading 06/30/1999  
Second Reading 07/01/1999  
Second Reading Speech