NBN Co Limited | Finance Knowledge Graph

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NBN Co Limited M^T

Submitted by Anonymous (not verified) on Fri, 02/17/2023 - 02:05

Aliases

NBN Co Limited

NBN Co Limited

NBN Co Limited (ACN 136 533 741)

Link

https://www.nbnco.com.au/

Portfolio

INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT, COMMUNICATIONS AND THE ARTS

Governance Characteristics

Type of Body

Commonwealth company

Lead Body

No

Institutional sector classification

Public Non-financial Corporation

Employment instruments

Does not employ under Public Service Act 1999

Establishing instruments

Corporations Act 2001

Annual Report Requirements

Additional annual report requirement in establishing legislation

See “Other references to 'annual report' under enabling legislation”

Other requirements and references to ‘annual report’ under the enabling legislation

Corporations Act 2001 - Schedule 2, 70-1 Simplified outline of this Division

Corporations Act 2001 - 1013I Extra requirements if Product Disclosure Statement relates to managed investment products that are ED securities

Corporations Act 2001 - 1018A Advertising or other promotional material for financial product must refer to Product Disclosure Statement

Corporations Act 2001 - 110F Failure to comply with member’s election to be sent document in particular form

Corporations Act 2001 - 1270S Annual report

Corporations Act 2001 - 1414 Section 1413 markets—effect of licences and conditions

Corporations Act 2001 - 1426 Section 1425 facilities—effect of licences and conditions

Corporations Act 2001 - 1546H Application of obligation for standards body to publish annual report

Corporations Act 2001 - 1687E Transitional—elections to receive annual reports in particular form

Corporations Act 2001 - 1687F Transitional—elections not to be sent annual reports

Corporations Act 2001 - 1693B Instruments that provide relief from requirements of this Act—Lodgement of annual reports by large proprietary companies

Corporations Act 2001 - 1694E Transitional—elections by Australian members of notified foreign passport funds to receive annual reports in particular form etc.

Corporations Act 2001 - 188 Responsibility of secretaries etc. for certain corporate contraventions

Corporations Act 2001 - 319 Lodgment of annual reports with ASIC

Corporations Act 2001 - 734 Restrictions on advertising and publicity

Corporations Act 2001 - 738ZG Restrictions on advertising and publicity

Corporations Act 2001 - 792F Annual report

Corporations Act 2001 - 821E Annual report

Corporate Plan Requirements

Section 35 of the PGPA Act applies

No

Current Budget Characteristics

Keys Chart

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Employment Arrangements
Key	Description
PS Act	Officials are taken to be employed under Public Service Act 1999.
^	Entities that do not engage staff under the PS Act.
#	Entities can engage officials under enabling legislation as well as PS Act. These include Defence entities under the Defence Act 1903.
▲	Has officials employed under the Parliamentary Service Act 1999.

Government Finance Statistics (GFS) Classification
Key	Description
GGS	General Government Sector (GGS) - All Commonwealth entities and Commonwealth companies are part of the GGS unless stipulated by a GFS classification below.
F	Public Financial Corporation
T	Public Non-financial Corporation (Trading)

Definitions
Key	Description
Listed Entities	A listed entity is a non-corporate Commonwealth entity prescribed by an Act or the PGPA Rule. All non-corporate Commonwealth entities are “listed entities” except for Departments of State and Parliamentary Departments.

Government Requirements
Key	Description
℗	Subject to the requirements of the Commonwealth Procurement Rules (CPRs). All non-corporate Commonwealth entities are subject to the CPRs.
X	Entities that are exempt, or partially exempt, from government policy orders (section 22 of the PGPA Act).

Governance Structure or Characteristics
Key	Description
B	Prescribed as Government Business Enterprises under the PGPA Rule.
E	Executive Agency, through an Order made by the Governor General, under subsection 65(1) of the Public Service Act 1999
HC	The Attorney-General’s portfolio includes the High Court of Australia, which is part of the Commonwealth, is an “agency” named in the annual Appropriation Acts and is in the “General Government Sector”. However, it is not a Commonwealth entity under the PGPA Act, due to its status under its enabling legislation, which also sets its employment framework.
I	Inter-jurisdictional entities in nature (interacts with State, Territory or foreign governments)
M	Material entities and companies (comprising 99% of revenues, expenses, assets and liabilities of the total General Government Sector). All Departments of State are considered material in nature.
R	Corporate Commonwealth entities established by regulation under an Act and/or by a rule under the PGPA Act.
*	3 entities have a body corporate status but are prescribed as noncorporate Commonwealth entities

Type of Body
Key	Description
	Non-corporate Commonwealth entity is a Commonwealth entity that is not a body corporate.*
	Corporate Commonwealth entity is a Commonwealth entity that is a body corporate.*
	A Commonwealth company is a Corporations Act 2001 company that the Commonwealth controls.

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.