Commonwealth Consolidated Acts

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NATIONAL BROADBAND NETWORK COMPANIES ACT 2011 - SECT 29

Effect of approval

  (1)   If the Communications Minister and the Finance Minister approve a draft functional separation undertaking under subsection   27(2), the undertaking becomes a final functional separation undertaking.

  (2)   A final functional separation undertaking given by an NBN corporation comes into force on the day after notice of the relevant decision is given to the NBN corporation in accordance with subsection   27(7).

  (3)   A final functional separation undertaking may not be withdrawn.

Undertaking is not a legislative instrument

  (4)   A final functional separation undertaking is not a legislative instrument.



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