Document ID: chunk:federal_register_of_legislation:C2023C00086:clause:4_581w
Version: federal_register_of_legislation:C2023C00086
Segment Type: clause
Provision Reference: sch 4 cl 581W
Character Range: 116342–117986

581W  Carrier company group
 (1) For the purposes of this Part, carrier company group means a group of 2 or more bodies corporate, where:
 (a) at least one of those bodies corporate is a carrier; and
 (b) each of those bodies corporate are related to each other.
 (2) For the purposes of this section, the question of whether bodies corporate are related to each other is to be determined in accordance with section 50 of the Corporations Act 2001.
 (3) The Minister may, by legislative instrument, determine that, for the purposes of this section, each reference in section 46 of the Corporations Act 2001 to one‑half is taken to be a reference to the percentage specified in the determination.
 (4) If no determination is in force under subsection (3), then, for the purposes of this section, assume that each reference in section 46 of the Corporations Act 2001 to one‑half were a reference to 15%.

Consultation
 (5) Before making or varying a determination under subsection (3), the Minister must:
 (a) make a copy of the draft determination or variation available on the Department's website; and
 (b) publish a notice on the Department's website:
 (i) stating that the Minister has prepared the draft; and
 (ii) inviting interested persons to give written comments about the draft to the Minister within the period specified in the notice.
 (6) The period specified in the notice must run for at least 30 days after the publication of the notice.
 (7) If interested persons have given comments in accordance with a notice under subsection (5), the Minister must have due regard to those comments in making or varying the determination.