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ANNEX I Schedule of Brunei Darussalam Headnote ... - SICE

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SectorCommunication ServicesTelecommunicationsIndustry Classification CPC 7521 Public telephone servicesCPC 7522 Business network servicesCPC 7523 Data & message transmissionservicesCPC 7525 Interconnection servicesCPC 7529 Other telecommunications servicesObligations concerned National Treatment (Article 12.4)Market Access (Article 12.6)MeasureDescriptionThe Constitution <strong>of</strong> the Telecom Corporation <strong>of</strong>New Zealand.InvestmentThe Constitution <strong>of</strong> the Telecom Corporation <strong>of</strong>New Zealand Limited requires New Zealandgovernment approval for the shareholding <strong>of</strong> anysingle overseas entity to exceed 49.9 percent.At least half <strong>of</strong> Board directors are required to beNew Zealand citizens.III-NZ-7

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