Commonwealth legislation

Australian Competition and Consumer Commission (Accounting Separation—Telstra Corporation Limited) Direction (No. 1) 2003 Instrument of Revocation 2014

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

This instrument revokes the 2003 Direction that required Telstra to keep separate accounting records for its wholesale and retail operations, removing that accounting separation obligation.

It affects Telstra and reduces regulatory reporting burdens—reflecting changed market conditions (including the NBN/structural changes)—and the instrument itself expires automatically the day after commencement.

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Current sections

Direct links to the current provisions in Australian Competition and Consumer Commission (Accounting Separation—Telstra Corporation Limited) Direction (No. 1) 2003 Instrument of Revocation 2014.

Australian Competition and Consumer Commission (Accounting Separation—Telstra Corporation Limited) Direction (No. 1) 2003 Instrument of Revocation 2014

Commonwealth of Australia

Competition and Consumer Act 2010

Acts Interpretation Act 1901

Australian Competition and Consumer Commission (Accounting Separation—Telstra Corporation Limited) Direction (No. 1) 2003
Instrument of Revocation 2014

I, MALCOLM BLIGH TURNBULL, Minister for Communications, in accordance with subsection 33(3) of the Acts Interpretation Act 1901, make this instrument of revocation under subsections 151BUAA(1), 151BUAA(1B) and 151CMA(1) of the Competition and Consumer Act 2010.

Dated 18 March 2014.

MALCOLM BLIGH TURNBULL

Minister for Communications

_________________________________________________________

1 Name of instrument

This instrument is the Australian Competition and Consumer Commission (Accounting Separation—Telstra Corporation Limited) Direction (No. 1) 2003 Instrument of Revocation 2014.

2 Commencement

This instrument commences on the day after it is registered on the Federal Register of Legislative Instruments.

3 Revocation

The Australian Competition and Consumer Commission (Accounting Separation—Telstra Corporation Limited) Direction (No. 1) 2003 is revoked.

4 Expiry

This instrument expires on the day after it commences, as if it had been repealed by another instrument.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Australian Competition and Consumer Commission (Accounting Separation—Telstra Corporation Limited) Direction (No. 1) 2003 Instrument of Revocation 2014