Document ID: chunk:federal_register_of_legislation:C2024C00549:section:8bd
Version: federal_register_of_legislation:C2024C00549
Segment Type: section
Provision Reference: s 8BD
Character Range: 53067–53768

8BD  Simplified outline
  The following is a simplified outline of this Part:

         • A Telstra successor company 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.
         • A Telstra successor company's head office, base of operations and place of incorporation are to remain in Australia.
         • A Telstra successor company's Chairperson, and a majority of a Telstra successor company's directors, must be Australian citizens.

Division 2—Definitions in Schedule