📜 Electricity Corporations Amendment Bill 2013
Assented toLABill 4016 October 2013
This Bill amends the Electricity Corporations Act 2005 to merge the Electricity Retail Corporation (Synergy) and the Electricity Generation Corporation (Verve Energy). It discontinues the Electricity Retail Corporation, vesting its assets and liabilities in the Electricity Generation Corporation, which will be renamed the Electricity Generation and Retail Corporation.
Impact
Electricity consumers and employees of Synergy and Verve Energy will be affected. The merger aims to streamline electricity generation and retail in Western Australia. It also provides more flexibility in the governance of electricity corporations.
Key Changes
["Merges Synergy and Verve Energy into a single entity.", "Renames the Electricity Generation Corporation to Electricity Generation and Retail Corporation.", "Allows for regulations to segregate functions within the merged corporation."]
Parliamentary Progress
- LA IntroducedLA16 Oct 2013
- LA Second Reading MovedLA16 Oct 2013
- LA Second Reading AgreedLA31 Oct 2013
- LA Consideration in DetailLA31 Oct 2013
- LA Third ReadingLA13 Nov 2013
- LC Second Reading MovedLC19 Nov 2013
- LC Second Reading AgreedLC10 Dec 2013
- LC Third ReadingLC12 Dec 2013
- Royal Assent18 Dec 2013
Affected Sectors
utilitiespublic_sector
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