Document ID: chunk:federal_register_of_legislation:C2004A05097:clause:1_8bd
Version: federal_register_of_legislation:C2004A05097
Segment Type: clause
Provision Reference: sch 1 cl 8BD
Character Range: 41618–42241

8BD  Simplified outline

  The following is a simplified outline of this Part:

         • Telstra is subject to the following ownership restrictions:

                (a) a limit on total foreign ownership;
                (b) a limit on individual foreign ownership.

         • The regulations may require information to be given for purposes relating to those limits.
         • Telstra's head office, base of operations and place of incorporation are to remain in Australia.
         • Telstra's Chairperson, and a majority of Telstra's directors, must be Australian citizens.

Division 2—Definitions in Schedule