Document ID: chunk:federal_register_of_legislation:C2024C00549:section:8be
Version: federal_register_of_legislation:C2024C00549
Segment Type: section
Provision Reference: s 8BE
Character Range: 53768–54598

8BE  Definitions in Schedule
  The Schedule sets out definitions of expressions used in this Part.
Note 1: The limits on the ownership of a Telstra successor company relate to a person's stake in a Telstra successor company.
Note 2: Stake is defined in the Schedule.
Note 2A: A person's stake is calculated on the assumption that the only shares in a Telstra successor company are shares held by persons other than the Commonwealth—see clause 12 of the Schedule.
Note 3: A person's stake includes the interests of the person's associates.
Note 4: There are 4 different types of stake. The main types are the percentage of total paid‑up share capital and the percentage of voting power.
Note 5: The ownership restrictions will be breached if any type of stake goes over the relevant limit.

Division 3—Extra‑territorial operation