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Section 12 - Telstra Corporation Act 1991 - Determination of Telstra’s initial capital — Zoe

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Telstra Corporation Act 1991

12Determination of Telstra’s initial capital

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#### 12 Determination of Telstra’s initial capital (1) The Minister shall, as soon as practicable after the commencement of this Act and after consultation with the Board, determine the amount of Telstra’s initial capital under this Act. (2) In making this determination, the Minister shall have regard to any relevant advice that the Board has given to the Minister. (3) A determination made under subsection (1) is a legislative instrument.

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