47.6  Handover Reviewer Role

(a)  (Joint inspection): Project Co, the State and the Handover Reviewer appointed under clause 47.5(a) or clause 47.5(b) (as applicable) must carry out joint inspections of the Project Assets:

(i)  if the Expiry Date is the Final Expiry Date:

A.  at or about 24 Months before the Final Expiry Date;

B.  12 Months before the Final Expiry Date;

C.  6 Months before the Final Expiry Date; and

D.  at or about the Final Expiry Date; or

(ii)  if the Expiry Date is earlier than the Final Expiry Date, within such shorter period before the Expiry Date as is reasonably required by the State,

(each a Condition Review Date).

(b)  (Provision of information): Upon the appointment of the Handover Reviewer, Project Co and the State must provide, and continue to provide, to the Handover Reviewer all information that the Handover Reviewer reasonably requires to perform the Handover Reviewer's tasks identified in this clause 47.6, including the then latest Asset Management Report and Asset Management Plan.

(c)  (Program to achieve proper Handover): Following the first Condition Review Date under clause 47.6(a), the Handover Reviewer must give to the State and Project Co a report specifying:

(i)  the details of the work required to be carried out to meet the Handover Condition and a program for undertaking such works including any Planned Lifecycle Activities (Final Refurbishment Works); and

(ii)  an itemised estimate of the total costs of carrying out the Final Refurbishment Works,

(Outstanding Matters Report).

(d)  (Update of Outstanding Matters Report): The Handover Reviewer must give to the State and Project Co an updated Outstanding Matters Report after each Condition Review Date subsequent to the first one (if any), which includes details of:

(i)  the Final Refurbishment Works that have been completed to the satisfaction of the Handover Reviewer;

(ii)  the Final Refurbishment Works still to be completed;

(iii)  the Final Refurbishment Works which the State has relieved Project Co from carrying out in accordance with clause 47.7(a)(ii); and

(iv)  an itemised estimate of the cost of carrying out the remaining Final Refurbishment Works at that point in time.

(e)  (Dispute): If either party disputes any aspect of the Outstanding Matters Report given under clause 47.6(c) or any updated Outstanding Matters Report given under clause 47.6(d), that party may refer the dispute to expert determination in accordance with clause 48.1, provided that the party that raises the dispute gives a notice to the other party within 10 Business Days after delivery of the Outstanding Matters Report or updated Outstanding Matters Report (as the case may be).