Electricity Industry Restructuring Bill 2008
Explanatory notes for the Electricity Industry Restructuring Bill 2008 and Community Infrastructure (Intergenerational) Fund Bill 2008
Electricity Industry Restructuring Bill 2008
| Issue | Clause / Schedule | Page |
| State’s electricity distributors to retain their network distribution businesses while transferring retail businesses to the private sector | Clause 4 | 3 |
| Proceeds of restructuring to the NSW Community Infrastructure (Intergenerational) Fund | Clause 7 | 3 |
| Transfer of electricity employees | Clause 15 Schedule 5 |
8 34 |
| Authorised acquisition of land by Electricity Assets Ministerial Holding Corporation | Clause 18 | 11 |
| Management of electricity trading risks – exemption from Trade Practices Act | Clause 22 | 12 |
| Shareholding restriction on initial public offering of electricity generators | Clause 23 Schedule 6 |
13 37 |
| Lease of the State’s electricity assets | Clause 31 | 18 |
| Corporate conversion of State electricity corporations and restructure of SOCs | Schedule 3 | 29 |
For more information see: http://www.parliament.nsw.gov.au/prod/parlment/nswbills.nsf/
Community Infrastructure (Intergenerational) Fund Bill 2008
| Issue | Clause / Schedule | Page |
| Establishment of fund to which proceeds from restructuring are to be paid | Clause 4 | 3 |
| Purpose of the Fund to provide capital works and other public purposes | Clause 6 | 3 |
| Requirement for Treasurer to report on payments from the Fund during each financial year | Clause 8 | 4 |
For more information see: http://www.parliament.nsw.gov.au/prod/parlment/nswbills.nsf/