National Broadband Network Companies Act 2011

The National Broadband Network Companies Act 2011 provides the legislative framework for the National Broadband Network (NBN) in Australia. The Act outlines the ownership, control, and operation of NBN Co, with the Commonwealth retaining ownership to ensure the NBN is built and fully operational. The Act specifies reporting obligations, divestiture of assets, and designation of carrier licence conditions. Additionally, it outlines the process for declaring a carrier licence condition or service provider rule and the powers of the Communications Minister and Finance Minister. Overall, the Act aims to ensure efficient and effective delivery of the NBN while maintaining Commonwealth control and oversight.