Electricity Corporations (Transitional) Regulations 2013

regulations 1 and 2 — on the day on which these regulations are published in the Gazette;

the rest of the regulations — on the day on which the Electricity Corporations Amendment Act 2013 section 6 comes into operation.

The annual reporting provisions apply as if amended as set out in this regulation in relation to the requirement in section 211(2) of the Act that the EGRC comply with those provisions as if each of the periods referred to in section 211(2) of the Act were a financial year.

Delete Schedule 4 Division 3 Subdivision 1 of the Act and insert:

The EGRC must prepare —

a financial report for the period referred to in section 211(2)(a); and

a financial report for the period referred to in section 211(2)(b).

Each financial report must be prepared —

before 30 September 2014; and

in accordance with Accounting Standard AASB 134 Interim Financial Reporting made under the Corporations Act section 334.

Delete Schedule 4 clause 32 of the Act and insert:

In subclause (2) —

the annual report required by section 107 for the period referred to in section 211(2)(a); or

the annual report required by section 107 for the period referred to in section 211(2)(b);

The EGRC must, as soon as practicable but not later than the close of business on the prescribed day, send to the Minister a copy of an annual report.

Delete Schedule 4 clause 33(b) and (c) of the Act.