Document ID: chunk:federal_register_of_legislation:F2015L00842:reg:8
Version: federal_register_of_legislation:F2015L00842
Segment Type: reg
Provision Reference: reg 8
Character Range: 9725–12246

8  Meaning of declared related party factor
 (1) The declared related party factor, for a declared related party of a participating person, is worked out using the formula:
  participating person interest  party interest
  where:
participating person interest is the proportion of the participating person that is owned by the body mentioned in paragraph 6(1)(b) or 6(2)(b) or, if there is more than one body, the body that has the greatest company interest in the participating person.
party interest is the proportion of the declared related party that is owned by the body mentioned in paragraph 6(1)(b) or 6(2)(b) or, if there is more than one body, the body that has the greatest company interest in the declared related party.
 (2) The declared related party factor, for a declared related party of a non‑participating person, is worked out using the formula:
  non‑participating person interest  party interest
  where:
non‑participating person interest is the proportion of the non‑participating person that is owned by the body mentioned in paragraph 7(1)(b) or 7(2)(b) or, if there is more than one body, the body that has the greatest company interest in the non‑participating person.
party interest is the proportion of the declared related party that is owned by the body mentioned in paragraph 7(1)(b) or 7(2)(b) or, if there is more than one body, the body that has the greatest company interest in the declared related party.

9 Meaning of non‑telecommunications sales revenue
 (1) An amount of revenue is non‑telecommunications sales revenue if the revenue is earned from an activity outside the telecommunications industry.
Note: Examples of non‑telecommunications sales revenue include:
(a) revenue from providing electricity, gas or water connections; and
(b) revenue from selling electricity, gas or water.
 (2) The ACMA may, in writing, declare that the following is non‑telecommunications sales revenue:
          (a) a specified amount;
          (b) the value of a benefit or service.
 (3) The declaration must also state:
          (a) which participating person, or declared related party or consolidated related party of the participating person, the declaration applies to; and
          (b) if the declaration relates to paragraph (2)(b)—how the ACMA worked out the value of a benefit or service declared to be non‑telecommunications sales revenue.
 (4) The declaration may apply to more than one person or party mentioned in paragraph (3)(a) but not generally to all persons or parties.