On 20 December 2010, the Prime Minister Julia Gillard, the Deputy Prime Minister and Treasurer Wayne Swan, the Minister for Finance & Deregulation Senator Penny Wong and the Minister for Broadband, Communications and the Digital Economy Senator Stephen Conroy, announced the Government’s response to the National Broadband Network Implementation Study. Regulation Impact Statements were required for parts of this proposal, but the Prime Minister granted an exemption on the basis of exceptional circumstances. A post implementation review will be required within 1 to 2 years of its implementation.