Draft Legislation Released for NBN Co Operations
Source: Australia. Minister for Finance and Deregulation and the Minister for Broadband, Communications and the Digital Economy. Joint Media Release.
The Rudd Government today released exposure drafts of legislation to establish a regulatory framework for the National Broadband Network company, NBN Co Limited. Exposure drafts of two bills were released:
National Broadband Network Companies Bill 2010 (sets out ownership, governance and sale arrangements for NBN Co.)
Telecommunications Legislation Amendment (National Broadband Network Measures – Access Arrangements) Bill 2010 (sets out the access arrangements for NBN Co that reflect its wholesale-only status.)
The Government proposes to introduce the bills into Parliament in the Autumn or Winter sittings depending on the feedback received.