8Spectrum access charge — outer-metropolitan and regional spectrum licence

8 Spectrum access charge – outer-metropolitan and regional spectrum licence

(1) The spectrum access charge for issuing the outer-metropolitan and regional spectrum licence to NBN Co is $57,146,840. (2) If NBN Co does not elect for subsection (3) to apply, the spectrum access charge for issuing the outer-metropolitan and regional spectrum licence is payable on the day occurring one week after the day mentioned in paragraph 56(2)(c) of the Act for the offer of the licence. (3) If NBN Co elects, in accordance with section 9, for this subsection to apply, the spectrum access charge for issuing the outer-metropolitan and regional spectrum licence is payable at the following times: (a) an amount of $5,714,684 is payable on the day occurring one week after the day mentioned in paragraph 56(2)(c) of the Act for the offer of the licence; (b) an amount of $5,714,684 is payable on each anniversary of the day the licence came into force, until a total of $57,146,840 has been paid.

Note: This provides for 10 instalments. If the outer-metropolitan and regional spectrum licence is issued, it will be issued in 2021. In accordance with the conversion plan, the licence will cease to be in force not later than the end of 13 December 2030. The last instalment will therefore be payable in 2030.