21Transitional—pre‑commencement contractual obligations

21 Transitional—pre‑commencement contractual obligations

Scope (1) This section applies if, immediately before this section commences, an NBN corporation has an obligation (the pre‑existing obligation) under a contract to: (a) supply services; or (b) supply goods; or (c) invest money. For this purpose, it is immaterial whether the obligation is a contingent obligation Exemption (2) Sections 18 to 20 do not apply to: (a) a supply of goods; or (b) a supply of services; or (c) an investment; to the extent that the supply or investment is in fulfilment of the pre‑existing obligation.