Document ID: chunk:federal_register_of_legislation:C2023C00417:clause:1_1
Version: federal_register_of_legislation:C2023C00417
Segment Type: clause
Provision Reference: sch 1 cl 1
Character Range: 152005–152897

1  NBN corporations
 (1) For the purposes of this Act, each of the following is an NBN corporation:
 (a) NBN Co;
 (b) NBN Tasmania;
 (c) a company over which NBN Co is in a position to exercise control.
 (2) Subclause (1) has effect subject to subclause (3).
 (3) For the purposes of this Act, if:
 (a) at a particular time (the start time), NBN Co starts to be in a position to exercise control of a company that is a retail carriage service provider; and
 (b) if any other conditions are specified in the regulations—those conditions are satisfied;
the company is taken not to be an NBN corporation during the period:
 (c) beginning at the start time; and
 (d) ending at whichever is the earlier of the following:
 (i) the end of 12 months after the start time;
 (ii) when NBN Co ceases to be in a position to exercise control of the company.
Note: For control of a company, see clause 2.