Telstra Corporation and Other Legislation Amendment Act 2021 (140 of 2021)

Schedule 2   Amendments contingent on the implementation of an approved scheme of arrangement

Part 1   Main amendments

Division 1   Amendments

Competition and Consumer Act 2010

7   Before section 151CQ

Insert:

151CMD Voluntary undertakings originally given by Telstra

Scope

(1) This section applies if an undertaking is in force under section 577A of the Telecommunications Act 1997.

Note: Section 577A of the Telecommunications Act 1997 deals with undertakings about structural separation.

Commission must have regard to the conduct of a designated Telstra successor company

(2) If a designated Telstra successor company has engaged, or is required to engage, in conduct in order to comply with the undertaking, then, in performing a function, or exercising a power, under this Part in relation to the designated Telstra successor company, the Commission must have regard to the conduct to the extent that the conduct is relevant.