Transfer schedules and exclusion schedules
9 Transfer schedules and exclusion schedules
Powerlink and QIC may jointly prepare a schedule (a transfer schedule) identifying the assets, liabilities or instruments to be transferred under this regulation on a day to be fixed under section 10.
More than 1 transfer schedule may be prepared under subsection (1) about the assets, liabilities or instruments if any of the assets, liabilities or instruments are to be transferred under this regulation—
to different entities; or
on different days.
Powerlink and QIC may jointly prepare a schedule (an exclusion schedule)—
identifying liabilities, or classes of liabilities, that are excluded from transfer under this regulation; and
stating the extent to which the liabilities, or classes of liability, are excluded from transfer under this regulation.
More than 1 exclusion schedule may be prepared under subsection (3) if more than 1 transfer schedule is prepared under subsection (1).
Powerlink and QIC must—
each hold a copy of the final version of each transfer schedule and exclusion schedule; and
ensure each relevant department has a copy of the final version of each transfer schedule and exclusion schedule.
A transfer schedule, or an exclusion schedule, may be prepared and held as 1 or more documents.
In this section—
relevant department means a department administered by a shareholding Minister of Powerlink.
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