Summary
Part of a package of five bills relating to the sale of the government’s equity in Telstra Corporation Limited, the bill amends the:
Telstra Corporation Act 1991
to: repeal provisions which require the Commonwealth to retain 50.1 per cent equity in Telstra; cease application of provisions relating to Ministerial directions and reporting obligations once the Commonwealth’s equity falls below 15 per cent; specify sale provisions; reaffirm the universal service and digital data service obligations and the customer service guarantee; and temporarily cease appropriations in connection with a Telstra sale scheme;
Administrative Decisions (Judicial Review) Act 1977
to exempt decisions of Telstra from the application of the Act after the sale;
Telstra Corporation Act 1991
, Long Service Leave (Commonwealth Employees) Regulations and Maternity Leave (Commonwealth Employees) Regulations to preserve employee entitlements;
Australian Security Intelligence Organisation Act 1979
,
Freedom of Information Act 1982
, Archives Regulations, Freedom of Information (Miscellaneous Provisions) Regulations and Ombudsman Regulations to make transitional provisions in relation to ongoing matters and consequential amendments.