Financial Framework (Supplementary Powers) Regulations 1997
1 In the appropriate position in Part 4 of Schedule 1AB (table)
Insert:
210 | Loan to NBN Co Limited | To provide additional funding to NBN Co Limited, through a loan to be fully repaid with interest, to assist the company to roll out, operate and maintain a wholesale-only national broadband network. This objective also has the effect it would have if it were limited to providing funding or support to engage in measures with respect to postal, telegraphic, telephonic, and other like services (within the meaning of paragraph 51(v) of the Constitution). |
211 | Mobile Black Spot Program | To provide funding for investment in telecommunications infrastructure to improve mobile voice and data coverage. |
212 |
Feasibility study for submarine telecommunications cable | To provide support to the Sunshine Coast Regional Council to conduct a feasibility study to: (a) assess the benefits and costs of connecting an international submarine telecommunications cable to Australia on the Sunshine Coast; and (b) examine how to leverage private sector investment to unlock the economic value from such a cable. This objective also has the effect it would have if it were limited to providing support: (a) in connection with measures with respect to postal, telegraphic, telephonic and other like services (within the meaning of paragraph 51(v) of the Constitution); or (b) in relation to places, persons, matters or things external to Australia. |