2004‑2005‑2006‑2007
The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
Telecommunications Legislation Amendment (Protecting Services for Rural and Regional Australia into the Future) Bill 2007
No. , 2007
(Communications, Information Technology and the Arts)
A Bill for an Act to amend the Telecommunications (Consumer Protection and Service Standards) Act 1999, and for related purposes
Contents
1............ Short title............................................................................................ 1
2............ Commencement.................................................................................. 1
3............ Schedule(s).......................................................................................... 2
Schedule 1—Amendment 3
Telecommunications (Consumer Protection and Service Standards) Act 1999 3
A Bill for an Act to amend the Telecommunications (Consumer Protection and Service Standards) Act 1999, and for related purposes
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the Telecommunications Legislation Amendment (Protecting Services for Rural and Regional Australia into the Future) Act 2007.
2 Commencement
This Act commences on the day after it receives the Royal Assent.
3 Schedule(s)
Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.
Schedule 1—Amendment
Telecommunications (Consumer Protection and Service Standards) Act 1999
1 After section 158ZJ
Insert:
158ZJA Balance of the Fund must not fall below $2 billion
The Minister must take all reasonable steps to ensure that the sum of:
(a) amounts standing to the credit of the Fund Account; and
(b) the value of investments of the Fund;
does not fall below $2 billion.