Document ID: chunk:federal_register_of_legislation:C2004A05097:clause:1_8aq
Version: federal_register_of_legislation:C2004A05097
Segment Type: clause
Provision Reference: sch 1 cl 8AQ
Character Range: 28533–30154

8AQ  Assistance given by Telstra or the Board in connection with a Telstra sale scheme

 (1) Telstra may, on its own initiative, assist the Commonwealth in connection with the formulation, entering into, or carrying out, of a Telstra sale scheme.

 (2) A member of the Board may, on the member's own initiative, assist the Commonwealth in connection with the formulation, entering into, or carrying out, of a Telstra sale scheme.

 (3) Telstra must, when requested in writing by the Minister or the Minister for Finance to do so, assist the Commonwealth in connection with the formulation, entering into, or carrying out, of a Telstra sale scheme. The assistance is to be given within the period, and in the form and manner, specified in the request.

 (4) The Board must, when requested in writing by the Minister or the Minister for Finance to do so, assist the Commonwealth in connection with the formulation, entering into, or carrying out, of a Telstra sale scheme. The assistance is to be given within the period, and in the form and manner, specified in the request.

 (5) To avoid doubt, the giving of assistance as mentioned in subsection (1), (2), (3) or (4), or the making of a request under subsection (3) or (4), does not result in a contravention of, or give rise to a liability or remedy under:
 (a) a provision of the Corporations Law; or
 (b) a rule of common law or equity (other than a rule of administrative law).

 (6) A contravention of subsection (3) or (4) is not an offence. However, a contravention of subsection (3) or (4) is a ground for obtaining an injunction under Division 1 of Part 2B.