Regulation Impact Statement – Department of Communications and the Arts
On 2 December 2016 the Minister made the Carrier Licence Conditions (Networks supplying Superfast Carriage Services to Residential Customers) Declaration 2014 (Amendment No. 1 of 2016) (the Declaration).
The Declaration extends to 30 June 2018. It was first made in 2014 to impose functional separation and wholesale supply obligations on certain new superfast networks with a view to supporting competition. The Declaration also includes new reporting measures to improve transparency.
A Regulation Impact Statement (RIS) was prepared and certified by the Department of Communications and the Arts. It was assessed as compliant and consistent with best practice by the Office of Best Practice Regulation (OBPR). The RIS estimated the increase in regulatory burden to be $4,000 annually over ten years. The OBPR has agreed to the estimate.