Commonwealth Consolidated Acts

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TELSTRA CORPORATION ACT 1991 - SECT 8BUA

At least 2 directors must have knowledge of, or experience in, the communications needs of regional, rural or remote areas

             (1)  Telstra must ensure that at least 2 of its directors have knowledge of, or experience in, the communications needs of regional, rural or remote areas.

             (2)  A contravention of subsection (1) is not an offence. However, a contravention of subsection (1) is a ground for obtaining an injunction under Division 1 of Part 2B.

             (3)  A contravention of subsection (1) does not affect the validity of any transaction.


 


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