(1) A draft or final functional separation undertaking given by an NBN corporation must:
(a) comply with the functional separation principles that are applicable to the NBN corporation; and
(b) comply with such requirements as are specified in a functional separation requirements determination that is applicable to the NBN corporation.
Note 1: For the functional separation principles, see section 24.
Note 2: For the functional separation requirements determination, see section 25.
(2) If a final functional separation undertaking provides for the ACCC to perform functions or exercise powers in relation to the undertaking, the ACCC may perform those functions and exercise those powers in accordance with the undertaking.