45Commonwealth to retain ownership of NBN Co

45 Commonwealth to retain ownership of NBN Co

(1) The Commonwealth must not transfer any of its shares in NBN Co if the transfer results in a breach of subsection (2). (2) Neither the Commonwealth nor NBN Co is allowed to do anything to cause or contribute to any of the following results: (a) that the Commonwealth no longer holds shares in NBN Co that carry the rights to exercise all of the voting rights attached to the voting shares in NBN Co; (b) that the Commonwealth no longer controls the exercise of all of the voting rights attached to the voting shares in NBN Co; (c) that the Commonwealth no longer holds all of the paid‑up share capital of NBN Co; (d) that the Commonwealth is no longer entitled to hold all of the rights to any distribution of capital or profits of NBN Co on winding‑up; (e) that the Commonwealth is no longer entitled to hold all of the rights to any distribution of capital or profits of NBN Co, otherwise than on winding‑up.