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And the ACCC has give a foretaste of what the revised undertaking will contain, saying: "For example, the proposed modular design balances NBN Co's requirement for certainty on long-term cost recovery with the need to undertake regular reviews of the detailed terms of access.
"Similarly, the proposal that the revised SAU will specify reference offers and use a building block model to determine revenue constraints on NBN Co appears to provide some reasonable constraints on NBN Co's pricing over time."
According to NBN Co, "The revised SAU approach strikes a better balance between providing certainty on NBN Co's long term cost recovery arrangements and flexibility for the other regulatory terms to evolve as required over time. It also ensures a more explicit role for the ACCC in assessing the reasonableness of NBN Co's proposals at regular intervals throughout the SAU's term."
NBN Co said: "Feedback received to date has focused on the nature and extent of ACCC oversight over the 30 year term of the SAU, and the level of certainty provided to access seekers (telcos and internet service providers) as compared to the level of flexibility provided to NBN Co."
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