Commonwealth Consolidated Acts

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NATION-BUILDING FUNDS ACT 2008 - SECT 23

Eligible national broadband network matter

                   For the purposes of this Act, an eligible national broadband network matter is any of the following matters:

                     (a)  the acquisition of shares in a company that is, or will be, involved in the creation or development of a national broadband network;

                     (b)  the acquisition of debentures of a company that is, or will be, involved in the creation or development of a national broadband network;

                     (c)  the acquisition of units in a unit trust that is, or will be, involved in the creation or development of a national broadband network;

                     (d)  the acquisition of any other financial asset in a business entity that is, or will be, involved in the creation or development of a national broadband network;

                     (e)  the creation or development of a national broadband network;

                      (f)  the supply of a broadband carriage service over a national broadband network;

                     (g)  the acquisition of assets for use in connection with the creation or development of a national broadband network;

                     (h)  a matter incidental or ancillary to a matter set out in paragraph (a), (b), (c), (d), (e), (f) or (g).

Note:          See section 121.



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