s 39 Power to issue code of practice relating to control of designated telecommunication licensees, designated business trusts and designated trusts
39.—(1) Without limiting section 30, the Authority may issue a code of practice under that section which specifies such matters as are generally necessary for carrying out the purposes and provisions of this Part and for the due administration thereof.[19/2011] (2) Without limiting subsection (1), the Authority may specify in the code of practice —(a) the rules and procedures that each of the following must comply with:(i) a designated telecommunication licensee; (ii) a person who holds any voting shares, or controls any voting power, in a designated telecommunication licensee; (iii) a person who holds any units, or controls any voting power, in a designated business trust; (iv) a person who holds any equity interest, or controls any voting power, in a designated trust; (v) a person who acquires any business (of a designated telecommunication licensee, designated business trust or designated trust) that is conducted pursuant to a telecommunication licence granted under section 5, or any part of any such business, as a going concern; (vi) a person who obtains effective control over a designated telecommunication licensee, designated business trust or designated trust; (b) the terms and conditions which the Authority may impose when granting any written approval under section 38(5), (6) or (7); and (c) the fees and charges payable to the Authority in respect of any application or request made to the Authority under the code of practice.[32C [19/2011]