Infrastructure Funding and Financing Bill

  • enacted

Part 5 Monitoring, remedies, enforcement, and miscellaneous

113 Outline

(1)

This Part provides for miscellaneous matters.

(2)

Subpart 1 provides for—

(a)

monitoring of the an SPV by the monitor:

(b)

the ability for of the monitor to recommend that a Crown Manager be appointed for the an SPV if there are significant problems that are not addressed.

(3)

Subpart 2 provides for the appointment and role of the Crown Manager.

(4)

Subpart 3 provides for modification of the usual rules for receivership of an SPV and for creditors.

(5)

Subpart 4 provides for enforcement and offences.

(6)

Subpart 5 provides for miscellaneous matters.

(7)

Subpart 6 provides for contains amendments to other Acts.