Government Telecommunications Act 2018

The Authority is required to pay to the Treasurer for payment into the Consolidated Fund, by way of dividend contribution in respect of each financial year to which this section applies, the amount determined by the Treasurer.

The amount determined by the Treasurer may be based on the value of the Government telecommunications network, on the income derived by the Authority from the operation of that network or on any other basis the Treasurer considers appropriate.

The Treasurer must consult with the Minister and the Authority in connection with a determination to be made by the Treasurer under this section.

This section applies in respect of the financial years of the Authority determined by the Treasurer.

Nothing in this section affects section 5.4 (Payment of financial distributions to Treasurer) of the Government Sector Finance Act 2018.