Commonwealth Consolidated Acts

TELECOMMUNICATIONS ACT 1997 - SECT 577AB

    An undertaking under section   577A comes into force:

  (a)   if:

  (i)   the decision to accept the undertaking is expressed to be subject to the occurrence of a single specified event within a specified period; and

  (ii)   the event occurs within that period;

    when the event occurs; or

  (b)   if:

  (i)   the decision to accept the undertaking is expressed to be subject to the occurrence of 2 or more specified events within a specified period; and

  (ii)   each of those events occur at the same time; and

  (iii)   that time occurs within that period;

    at that time; or

  (c)   if:

  (i)   the decision to accept the undertaking is expressed to be subject to the occurrence of 2 or more specified events within a specified period; and

  (ii)   each of those events occur at different times; and

  (iii)   each of those times occur within that period;

    at the last of those times; or

  (d)   if the decision to accept the undertaking is not expressed to be subject to the occurrence of one or more specified events within a specified period--when the undertaking is accepted by the ACCC.

Note:   An undertaking under section   577A about structural separation came into force on 6   March 2012.