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NATIONAL BROADBAND NETWORK COMPANIES ACT 2011 - SECT 70

Prohibition of unacceptable private ownership or control situation

  (1)   NBN Co must take all reasonable steps to ensure that an unacceptable private ownership or control situation does not exist in relation to NBN Co.

  (2)   NBN Co commits an offence if:

  (a)   NBN Co engages in conduct; and

  (b)   NBN Co's conduct contravenes subsection   (1).

Penalty for contravention of this subsection:   500 penalty units.



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