Commonwealth Consolidated Acts

NATIONAL BROADBAND NETWORK COMPANIES ACT 2011 - SECT 51

Scope

  (1)   This section applies if:

  (a)   the Finance Minister declares under subsection   50(2) that, in his or her opinion, conditions are suitable for the entering into and carrying out of an NBN Co sale scheme; and

  (b)   the declaration takes effect under subsection   50(6).

Termination of Commonwealth ownership provisions

  (2)   The Commonwealth ownership provisions cease to have effect when the declaration takes effect under subsection   50(6).