Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) On and after the corporatisation date, the Snowy Hydro Company:
(a) is liable to pay the liabilities of the Snowy Mountains Hydro - electric Authority that existed immediately before that date under section 128A of the Safety, Rehabilitation and Compensation Act 1988 as if it were a prescribed Commonwealth authority for the purposes of that section; and
(b) is taken to have been the employer of the employees of the Authority before the corporatisation date for the purposes of the Safety, Rehabilitation and Compensation Act 1988 .
(2) Paragraph 1(b) has effect subject to section 36.