Commonwealth: Telecommunications Legislation Amendment (Protecting Services for Rural and Regional Australia into the Future) Act 2007 (Cth)

Telecommunications Legislation Amendment (Protecting Services for Rural and Regional Australia into the Future) Act 2007 No. 152, 2007 An Act to amend the Telecommunications (Consumer Protection and Service Standards) Act 1999, and for related purposes Contents 1 Short title 2 Commencement 3 Schedule(s) Schedule 1—Amendment Telecommunications (Consumer Protection and Service Standards) Act 1999 Telecommunications Legislation Amendment (Protecting Services for Rural and Regional Australia into the Future) Act 2007 No. 152, 2007 An Act to amend the Telecommunications (Consumer Protection and Service Standards) Act 1999, and for related purposes [Assented to 24 September 2007] The Parliament of Australia enacts: 1 Short title This Act may be cited as the Telecommunications Legislation Amendment (Protecting Services for Rural and Regional Australia into the Future) Act 2007. 2 Commencement This Act commences on the day after it receives the Royal Assent. 3 Schedule(s) Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms. Schedule 1—Amendment Telecommunications (Consumer Protection and Service Standards) Act 1999 1 After section 158ZJ Insert: 158ZJA Balance of the Fund must not fall below $2 billion The Minister must take all reasonable steps to ensure that the sum of: (a) amounts standing to the credit of the Fund Account; and (b) the value of investments of the Fund; does not fall below $2 billion. [Minister's second reading speech made in— House of Representatives on 21 June 2007 Senate on 13 August 2007] (134/07)