Regulation Impact Statement – Department of Communications and the Arts
On 22 June 2017 the Government introduced the Telecommunications Legislation Amendment (Competition and Consumer) Bill 2017 to Parliament.
Amongst other measures, the Bill amends Parts 7 and 8 of the Telecommunications Act 1997 and Part XIC of the Competition and Consumer Act 2010 to enable new superfast networks to operate on a functionally separated basis with the approval of the Australian Competition and Consumer Commissions (ACCC). Under previous arrangements, superfast networks were required to separate structurally in order to provide services to retailers in conjunction with wholesale services. Functional separation allows these entities to avoid the costs associated with structural separation on the condition that the entities functionally separate their wholesale and retail services.