Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Communications Minister and the Finance Minister may:
(a) by written notice given to an NBN corporation (the transferor ), direct the transferor:
(i) to transfer one or more specified assets of the transferor to another NBN corporation specified in the notice (the transferee ); and
(ii) to do so within the period specified in the notice; and
(b) by written notice given to the transferor or the transferee, give such other directions to the transferor or transferee as the Communications Minister and the Finance Minister consider necessary for the purposes of securing the transfer.
(2) The Communications Minister and the Finance Minister must not give a direction under subsection (1) after the Commonwealth ownership provisions have ceased to have effect under section 51.
(3) In deciding whether to give a direction under subsection (1), the Communications Minister and the Finance Minister must have regard to the following:
(a) whether the direction will promote the long - term interests of end - users of carriage services or of services provided by means of carriage services;
(b) if the Communications Minister and the Finance Minister have required the ACCC under section 35 to give advice about the giving of the direction--the advice given in compliance with the requirement;
(c) such other matters (if any) as the Communications Minister and the Finance Minister consider relevant.
Note: For long - term interests of end - users of carriage services or of services provided by means of carriage services, see section 94.
(4) The Communications Minister and the Finance Minister must not give a direction under subsection (1) to an NBN corporation unless the NBN corporation is a constitutional corporation.
(5) An NBN corporation must comply with a direction under subsection (1) that is applicable to the NBN corporation.
(6) A direction under subsection (1) is not a legislative instrument.