Gas Corporation (Business Disposal) Bill 1999
|Long Title||The 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.
|Status||Assented 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)
|Previous Versions of this Bill|