{"id":"F2007L00883","name":"Telstra (Transition to Full Private Ownership) Act 2005 - 85% Sale Day Declaration 2007 (No. 1)","slug":"telstra-transition-to-full-private-ownership-act-2005-85-sale-day-declaration-2007-no-1","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":64676,"registerId":"commonwealth-F2007L00883-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Telstra (Transition to Full Private Ownership) Act 2005 - 85% Sale Day Declaration 2007 (No. 1)","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 20.2\ntitle: Commonwealth of Australia\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n \n\n \n\nCommonwealth of Australia\n\n \n\nTelstra (Transition to Full Private Ownership) Act 2005\n\n85% sale Day Declaration 2007 (No. 1)\n\n \n\nI, HELEN LLOYD COONAN, Minister for Communications, Information Technology and the Arts, being of the opinion that 28 February 2007 is the first day on which 85% of the voting shares in Telstra Corporation Limited (Telstra) are held by a person, or persons, other than the Commonwealth, declare that day to be the 85% sale day for Telstra under subsection 4(1) of the Telstra (Transition to Full Private Ownership) Act 2005.\n\nDated 28 March 2007.\n\n \n\nHELEN LLOYD COONAN\n\nMinister for Communications, Information Technology and the Arts\n\n \n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1627},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This instrument exercises a specific ministerial power conferred by the parent Act to declare a factual milestone (the 85% sale day). It operates precisely within the intended scope of the Telstra privatisation framework without expanding or altering the legislative scheme."},"complexity_factors":["Single operative paragraph containing the entire legislative effect","No definitions section or interpretive provisions","Only one legislative cross-reference (subsection 4(1))","Straightforward factual determination requiring no conditional logic or exceptions"],"plain_english_summary":"The Minister for Communications formally declares that 28 February 2007 was the \"85% sale day\" — the date private investors held 85% of Telstra’s voting shares and the Commonwealth less than 15%. Under the Telstra (Transition to Full Private Ownership) Act 2005, that declaration triggers legal changes to how Telstra is regulated and managed as it completes its move from public to private ownership."}},"importantCases":[],"_links":{"self":"/api/acts/telstra-transition-to-full-private-ownership-act-2005-85-sale-day-declaration-2007-no-1","history":"/api/acts/telstra-transition-to-full-private-ownership-act-2005-85-sale-day-declaration-2007-no-1/history","analysis":"/api/acts/telstra-transition-to-full-private-ownership-act-2005-85-sale-day-declaration-2007-no-1/analysis","conflicts":"/api/acts/telstra-transition-to-full-private-ownership-act-2005-85-sale-day-declaration-2007-no-1/conflicts","importantCases":"/api/acts/telstra-transition-to-full-private-ownership-act-2005-85-sale-day-declaration-2007-no-1/important-cases","documents":"/api/acts/telstra-transition-to-full-private-ownership-act-2005-85-sale-day-declaration-2007-no-1/documents"}}