National Transmission Network Sale Act 1998

The National Transmission Network Sale Act 1998 introduces legislation for the sale of the National Transmission Network, defining terms such as "ABC", "access seeker", "ancillary service", "asset", and "carrier licence". The Act facilitating the transfer of assets and liabilities from the Commonwealth to a company (NTC), clarifies the meaning of "telecommunications access regime" and "telecommunications carrier rules", and binds the Crown in the right of the Commonwealth, States, Australian Capital Territory, and Northern Territory.