References in supply agreements to particular transferring entities
1219 References in supply agreements to particular transferring entities
This section applies if an authority mentioned in a transfer notice is transferred from a transferring entity to a receiving entity.
A reference in an existing supply agreement to the transferring entity is, if the context permits, taken to be a reference to the receiving entity.
On and from the day the transfer notice takes effect, the existing supply agreement gives rise to the same rights and liabilities as would have arisen if the authority had not been transferred.
In this section—existing supply agreement means an agreement for the supply of water, in force on the day the transfer notice takes effect, between the transferring entity and another entity.
This Act’s bill:Explanatory memorandum
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