Document ID: chunk:federal_register_of_legislation:C2008A00144:clause:3_18
Version: federal_register_of_legislation:C2008A00144
Segment Type: clause
Provision Reference: sch 3 cl 18
Character Range: 49257–50383

18  Transitional provision

(1) For the purposes of sections 8BI and 8BJ of the Telstra Corporation Act 1991, if:
 (a) apart from this subitem, an unacceptable foreign‑ownership situation would exist on the day on which the amendments of that Act made by this Schedule commence; and
 (b) the situation would exist only because of the amendments;
the situation is, during the period of 6 months starting on the day on which the amendments commence, taken not to exist for so long as it would otherwise have existed.

(2) If:
 (a) on the day on which the amendments of the Telstra Corporation Act 1991 made by this Schedule commence, a person would, apart from this subitem, be required by regulations made for the purposes of section 8BN of that Act to do something in relation to an ownership matter; and
 (b) the person would not have been required to do that thing if the amendments had not been made;
the person is, during the period of 6 months starting on the day on which the amendments commence, taken not to be required to do that thing for so long as the person would otherwise have been required to do that thing.