Document ID: chunk:federal_register_of_legislation:C2018C00106:section:27
Version: federal_register_of_legislation:C2018C00106
Segment Type: section
Provision Reference: s 27
Character Range: 30340–31116

27  Ending of certain rights that restrict the transfer of the Moomba‑Sydney pipeline system
 (1) All veto rights are terminated on the sale day by force of this section.
 (2) In this section:
Authority agreement means an agreement:
 (a) to which the Authority is a party; and
 (b) was in operation immediately before the sale day.
Moomba‑Sydney pipeline means any pipeline transferred to Newco under section 12.
veto rights means any rights that a person (the contractor) has under an Authority agreement that, apart from this section, would have the effect of preventing the transfer of the ownership or control of a Moomba‑Sydney pipeline from the Authority or any other person who owns or controls such a pipeline to another person without the consent of the contractor.