📜 Electricity Corporations Bill 2003
Bill LapsedLA30 October 2003
The Electricity Corporations Bill 2003 restructures Western Power into four new government-owned entities: Electricity Generation Corporation, Electricity Retail Corporation, Electricity Networks Corporation, and Regional Power Corporation. It aims to promote competition, establish an independent licensing regime, and protect customers in a competitive electricity market.
Impact
Western Power employees, electricity consumers, and private sector companies in the electricity industry will be affected. The restructure aims to improve efficiency and promote competition in the electricity market, potentially impacting prices and services.
Key Changes
["Restructures Western Power into four new government-owned entities.", "Establishes specific functions for each new corporation.", "Implements measures to prevent privatisation of the new entities without parliamentary approval."]
Parliamentary Progress
- LA IntroducedLA30 Oct 2003
- LA Second Reading MovedLA30 Oct 2003
- LA Second Reading AgreedLA25 Nov 2003
- LA Consideration in DetailLA26 Nov 2003
- LA Third ReadingLA26 Nov 2003
- LC Second Reading MovedLC2 Dec 2003
- LC Second Reading AgreedLC12 Dec 2003
Affected Sectors
utilitiespublic_sector
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