Financial Framework (Supplementary Powers) Amendment (Communications and the Arts Measures No. 1) Regulations 2017 (Cth)

Financial Framework (Supplementary Powers) Amendment (Communications and the Arts Measures No. 1) Regulations 2017

I, General the Honourable Sir Peter Cosgrove AK MC (Ret’d), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated 18 May 2017

Peter Cosgrove

Governor‑General

By His Excellency’s Command

Mathias Cormann

Minister for Finance

Contents

1Name

This instrument is the Financial Framework (Supplementary Powers) Amendment (Communications and the Arts Measures No. 1) Regulations 2017.

2Commencement

1. (1)

   Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information
Column 1	Column 2	Column 3
Provisions	Commencement	Date/Details
1. The whole of this instrument	The day after this instrument is registered.	20 May 2017

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

1. (2)

   Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3Authority

This instrument is made under the Financial Framework (Supplementary Powers) Act 1997.

4Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Financial Framework (Supplementary Powers) Regulations 1997

1. 1

   In the appropriate position in Part 4 of Schedule 1AB (table)

Insert:

210	Loan to NBN Co Limited	To provide additional funding to NBN Co Limited, through a loan to be fully repaid with interest, to assist the company to roll out, operate and maintain a wholesale‑only national broadband network. This objective also has the effect it would have if it were limited to providing funding or support to engage in measures with respect to postal, telegraphic, telephonic, and other like services (within the meaning of paragraph 51(v) of the Constitution).
211	Mobile Black Spot Program	To provide funding for investment in telecommunications infrastructure to improve mobile voice and data coverage.
212	Feasibility study for submarine telecommunications cable	To provide support to the Sunshine Coast Regional Council to conduct a feasibility study to: (a) assess the benefits and costs of connecting an international submarine telecommunications cable to Australia on the Sunshine Coast; and (b) examine how to leverage private sector investment to unlock the economic value from such a cable. This objective also has the effect it would have if it were limited to providing support: (a) in connection with measures with respect to postal, telegraphic, telephonic and other like services (within the meaning of paragraph 51(v) of the Constitution); or (b) in relation to places, persons, matters or things external to Australia.