Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

NATIONAL BROADBAND NETWORK COMPANIES ACT 2011 - SECT 21

Transitional--pre - commencement contractual obligations

Scope

  (1)   This section applies if, immediately before this section commences, an NBN corporation has an obligation (the pre - existing obligation ) under a contract to:

  (a)   supply services; or

  (b)   supply goods; or

  (c)   invest money.

For this purpose, it is immaterial whether the obligation is a contingent obligation

Exemption

  (2)   Sections   18 to 20 do not apply to:

  (a)   a supply of goods; or

  (b)   a supply of services; or

  (c)   an investment;

to the extent that the supply or investment is in fulfilment of the pre - existing obligation.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback