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National Broadband Network Companies Act 2011
45Commonwealth to retain ownership of NBN Co
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#### 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.