Common use of Customer’s Acknowledgement Clause in Contracts

Customer’s Acknowledgement. 17.1 Federal legislation relating to the National Broadband Network imposes significant penalties on carriers that extend fixed networks to provide broadband services to residential and small business customers. The penalties exceed $2,000,000 and limit a carrier’s ongoing ability to operate its business. A ‘small business’ is defined as a self-employed person carrying on a business (such as a sole trader) or a business that employs less than fifteen (15) people not including casual employees unless employed on a regular and systematic basis.