{"id":"F2006L03997","name":"Telstra (Transition to Full Private Ownership) Act 2005 - Designated Day Declaration 2006 (No. 1)","slug":"telstra-transition-to-full-private-ownership-act-2005-designated-day-declaration-2006-no-1","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":60952,"registerId":"commonwealth-F2006L03997-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Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Telstra (Transition to Full Private Ownership) Act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 - Designated Day Declaration 2006 (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\nDesignated Day Declaration 2006 (No. 1)\n\n \n\nI, HELEN LLOYD COONAN, Minister for Communications, Information Technology and the Arts, being of the opinion that 24 November 2006 is the first day on which a majority 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 designated day for Telstra under subsection 3(1) of the Telstra (Transition to Full Private Ownership) Act 2005.\n\nDated 5 December 2006.\n\n \n\n \n\n \n\n \n\nHELEN 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":1631},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The declaration performs the exact narrow function contemplated by section 3(1) of the parent Act—fixing the date when majority private ownership was achieved. No expansion of scope beyond the original legislative intent."},"complexity_factors":["Single sentence operative provision with no conditional logic","Zero defined terms or interpretation section","No cross-references to other legislation beyond the enabling subsection","Purely declaratory function with no exceptions, offences, or procedural steps"],"plain_english_summary":"This instrument is a ministerial declaration that sets **24 November 2006** as the official date when Telstra ceased to be majority-owned by the Australian Government and became a fully private company.\n\n**What it does:**\n- It formally recognises the 'designated day' under the *Telstra (Transition to Full Private Ownership) Act 2005* (the 'designated day' is the trigger for various automatic legal changes)\n- Once this date is set, specific regulatory obligations and structural rules that apply to Telstra change to reflect its new status as a private entity rather than a government business\n\n**Why this specific date?**\nThe Minister declared 24 November 2006 because it was the first day on which private shareholders (rather than the Commonwealth) held a majority of Telstra's voting shares. This declaration was made on 5 December 2006, after confirming the share ownership threshold had been crossed."}},"importantCases":[],"_links":{"self":"/api/acts/telstra-transition-to-full-private-ownership-act-2005-designated-day-declaration-2006-no-1","history":"/api/acts/telstra-transition-to-full-private-ownership-act-2005-designated-day-declaration-2006-no-1/history","analysis":"/api/acts/telstra-transition-to-full-private-ownership-act-2005-designated-day-declaration-2006-no-1/analysis","conflicts":"/api/acts/telstra-transition-to-full-private-ownership-act-2005-designated-day-declaration-2006-no-1/conflicts","importantCases":"/api/acts/telstra-transition-to-full-private-ownership-act-2005-designated-day-declaration-2006-no-1/important-cases","documents":"/api/acts/telstra-transition-to-full-private-ownership-act-2005-designated-day-declaration-2006-no-1/documents"}}