Commonwealth Consolidated Acts

NATIONAL BROADBAND NETWORK COMPANIES ACT 2011 - SECT 22

Scope

  (1)   This section applies if:

  (a)   at a particular time (the start time ), a company other than NBN Co becomes an NBN corporation; and

  (b)   immediately before the start time, the company has an obligation (the pre - existing obligation ) under a contract to:

  (i)   supply services; or

  (ii)   supply goods; or

  (iii)   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.