Competition and Consumer Act 2010

This is a compilation of the Competition and Consumer Act 2010 that shows the text of the law as amended and in force on 1 January 2015 (the compilation date).

This compilation was prepared on 5 January 2015.

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on ComLaw (www.comlaw.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the series page on ComLaw for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the series page on ComLaw for the compiled law.

Self-repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Contents

Part I—Preliminary 1

1............................ Short title............................................................................ 1

2............................ Object of this Act................................................................ 1

2A......................... Application of Act to Commonwealth and Commonwealth authorities 1

2B.......................... Application of Act to States and Territories........................ 2

2BA....................... Application of Part IV to local government bodies............. 2

2C.......................... Activities that are not business............................................ 3

3............................ Repeal................................................................................. 4

4............................ Interpretation....................................................................... 5

4A......................... Subsidiary, holding and related bodies corporate.............. 16

4B.......................... Consumers........................................................................ 18

4C.......................... Acquisition, supply and re‑supply.................................... 21

4D......................... Exclusionary provisions................................................... 22

4E.......................... Market.............................................................................. 23

4F.......................... References to purpose or reason....................................... 23

4G......................... Lessening of competition to include preventing or hindering competition 24

4H......................... Application of Act in relation to leases and licences of land and buildings 24

4J........................... Joint ventures.................................................................... 24

4K.......................... Loss or damage to include injury...................................... 25

4KA....................... Definitions etc. that do not apply in Part XI or Schedule 2 25

4L.......................... Severability....................................................................... 25

4M......................... Saving of law relating to restraint of trade and breaches of confidence 25

4N......................... Extended application of Part IIIA..................................... 26

5............................ Extended application of this Act to conduct outside Australia 26

6............................ Extended application of this Act to persons who are not corporations 28

6AA...................... Application of the Criminal Code..................................... 35

Part II—The Australian Competition and Consumer Commission 36

6A......................... Establishment of Commission.......................................... 36

7............................ Constitution of Commission............................................. 37

8............................ Terms and conditions of appointment............................... 37

8A......................... Associate members........................................................... 37

8AB....................... State/Territory AER members taken to be associate members 39

9............................ Remuneration.................................................................... 39

10.......................... Deputy Chairpersons........................................................ 40

11.......................... Acting Chairperson........................................................... 40

12.......................... Leave of absence............................................................... 41

13.......................... Termination of appointment of members of the Commission.. 41

14.......................... Termination of appointment of associate members of the Commission 42

15.......................... Resignation....................................................................... 42

16.......................... Arrangement of business.................................................. 43

17.......................... Disclosure of interests by members.................................. 43

18.......................... Meetings of Commission.................................................. 44

19.......................... Chairperson may direct Commission to sit in Divisions... 45

25.......................... Delegation by Commission............................................... 46

26.......................... Delegation by Commission of certain functions and powers 47

27.......................... Staff of Commission......................................................... 47

27A....................... Consultants....................................................................... 47

28.......................... Functions of Commission in relation to dissemination of information, law reform and research 48

29.......................... Commission to comply with directions of Minister and requirements of the Parliament 49

Part IIA—The National Competition Council 51

29A....................... Establishment of Council.................................................. 51

29B........................ Functions and powers of Council..................................... 51

29BA..................... Commonwealth consent to conferral of functions etc. on Council 52

29BB..................... How duty is imposed........................................................ 52

29BC..................... When a State/Territory energy law imposes a duty........... 54

29C........................ Membership of Council.................................................... 54

29D....................... Terms and conditions of office......................................... 54

29E........................ Acting Council President.................................................. 54

29F........................ Remuneration of Councillors............................................ 55

29G....................... Leave of absence............................................................... 55

29H....................... Termination of appointment of Councillors...................... 55

29I......................... Resignation of Councillors............................................... 56

29J......................... Arrangement of Council business..................................... 56

29K........................ Disclosure of interests by Councillors.............................. 56

29L........................ Council meetings.............................................................. 57

29LA..................... Resolutions without meetings........................................... 58

29M....................... Staff to help Council......................................................... 58

29N....................... Consultants....................................................................... 59

29O....................... Annual report.................................................................... 59

Part III—The Australian Competition Tribunal 61

29P........................ Definition.......................................................................... 61

30.......................... Constitution of Tribunal.................................................... 61

31.......................... Qualifications of members of Tribunal............................. 61

31A....................... Appointment of Judge as presidential member of Tribunal not to affect tenure etc. 62

32.......................... Terms and conditions of appointment............................... 62

33.......................... Remuneration and allowances of members of Tribunal.... 62

34.......................... Acting appointments......................................................... 62

35.......................... Suspension and removal of members of Tribunal............. 64

36.......................... Resignation....................................................................... 65

37.......................... Constitution of Tribunal for particular matters.................. 65

38.......................... Validity of determinations................................................. 65

39.......................... President may give directions........................................... 65

40.......................... Disclosure of interests by members of Tribunal............... 65

41.......................... Presidential member to preside......................................... 66

42.......................... Decision of questions....................................................... 66

43.......................... Member of Tribunal ceasing to be available...................... 67

43A....................... Counsel assisting Tribunal................................................ 67

43B........................ Consultants....................................................................... 68

44.......................... Staff of Tribunal............................................................... 68

44A....................... Acting appointments......................................................... 68

Part IIIAA—The Australian Energy Regulator (AER) 69

Division 1—Preliminary 69

44AB..................... Definitions........................................................................ 69

44AC..................... This Part binds the Crown................................................ 69

44AD.................... Extra‑territorial operation.................................................. 69

Division 2—Establishment of the AER 71

44AE..................... Establishment of the AER................................................. 71

44AF..................... AER to hold money and property on behalf of the Commonwealth 71

44AG.................... Constitution of the AER................................................... 71

Division 3—Functions and powers of the AER 72

44AH.................... Commonwealth functions................................................. 72

44AI...................... Commonwealth consent to conferral of functions etc. on AER 72

44AJ...................... How duty is imposed........................................................ 73

44AK..................... When a State/Territory energy law etc. imposes a duty..... 74

44AL..................... Powers of the AER........................................................... 74

Division 4—Administrative provisions relating to the AER 76

Subdivision A—Appointment etc. of members 76

44AM.................... Appointment of Commonwealth AER member................ 76

44AN.................... Membership of AER and Commission............................. 76

44AO.................... Acting appointment of Commonwealth AER member...... 77

44AP..................... Appointment of State/Territory AER members................. 77

44AQ.................... Acting appointment of State/Territory AER member........ 78

44AR..................... AER Chair........................................................................ 78

44AS..................... Acting AER Chair............................................................ 79

44AT..................... Remuneration of AER members....................................... 79

44AU.................... Additional remuneration of AER Chair............................ 80

44AV.................... Leave of absence............................................................... 80

44AW.................... Other terms and conditions............................................... 80

44AX.................... Outside employment......................................................... 80

44AY.................... Disclosure of interests...................................................... 81

44AZ..................... Resignation....................................................................... 81

44AAB.................. Termination of appointment.............................................. 81

Subdivision B—Staff etc. to assist the AER 82

44AAC.................. Staff etc. to assist the AER............................................... 82

Subdivision C—Meetings of the AER etc. 82

44AAD................. Meetings........................................................................... 82

44AAE.................. Resolutions without meetings........................................... 83

44AAEA............... Arbitration........................................................................ 84

Subdivision D—Miscellaneous 84

44AAF.................. Confidentiality.................................................................. 84

44AAG................. Federal Court may make certain orders............................. 86

44AAGA.............. Federal Court may order disconnection if an event specified in the National Electricity Rules occurs 87

44AAH................. Delegation by the AER..................................................... 88

44AAI................... Fees.................................................................................. 88

44AAJ................... Annual report.................................................................... 89

44AAK.................. Regulations may deal with transitional matters................. 89

Part IIIAB—Application of the finance law 91

44AAL.................. Application of the finance law.......................................... 91

Part IIIA—Access to services 92

Division 1—Preliminary 92

44AA.................... Objects of Part.................................................................. 92

44B........................ Definitions........................................................................ 92

44C........................ How this Part applies to partnerships and joint ventures.. 96

44D....................... Meaning of designated Minister....................................... 97

44DA.................... The principles in the Competition Principles Agreement have status as guidelines 98

44E........................ This Part binds the Crown................................................ 98

Division 2—Declared services 100

Subdivision A—Recommendation by the Council 100

44F........................ Person may request recommendation.............................. 100

44FA..................... Council may request information.................................... 101

44G....................... Limits on the Council recommending declaration of a service 102

44GA.................... Time limit for Council recommendations........................ 103

44GB..................... Council may invite public submissions on the application 106

44GC..................... Council must publish its recommendation...................... 107

Subdivision B—Declaration by the designated Minister 108

44H....................... Designated Minister may declare a service..................... 108

44HA.................... Designated Minister must publish his or her decision.... 110

44I......................... Duration and effect of declaration................................... 111

44J......................... Revocation of declaration................................................ 112

44K........................ Review of declaration..................................................... 113

44KA..................... Tribunal may stay operation of declaration..................... 114

44KB..................... Tribunal may order costs be awarded............................. 116

44L........................ Review of decision not to revoke a declaration............... 117

Division 2AA—Services that are ineligible to be declared 119

Subdivision A—Scope of Division 119

44LA..................... Constitutional limits on operation of this Division.......... 119

Subdivision B—Ineligibility recommendation by Council 119

44LB..................... Ineligibility recommendation........................................... 119

44LC..................... Council may request information.................................... 121

44LD..................... Time limit for Council recommendations........................ 122

44LE...................... Council may invite public submissions on the application 124

44LF...................... Council must publish its recommendation...................... 125

Subdivision C—Designated Minister’s decision on ineligibility 126

44LG..................... Designated Minister’s decision on ineligibility............... 126

44LH..................... Designated Minister must publish his or her decision.... 128

Subdivision D—Revocation of ineligibility decision 129

44LI....................... Revocation of ineligibility decision................................. 129

Subdivision E—Review of decisions 131

44LJ...................... Review of ineligibility decisions..................................... 131

44LK..................... Review of decision to revoke or not revoke an ineligibility decision 132

Subdivision F—Other matters 134

44LL...................... Ineligibility decisions subject to alteration, cancellation etc. 134

Division 2A—Effective access regimes 135

Subdivision A—Recommendation by Council 135

44M....................... Recommendation for a Ministerial decision on effectiveness of access regime 135

44MA.................... Council may request information.................................... 136

Subdivision B—Decision by Commonwealth Minister 136

44N....................... Ministerial decision on effectiveness of access regime... 136

Subdivision C—Extensions of Commonwealth Minister’s decision 138

44NA.................... Recommendation by Council.......................................... 138

44NAA................. Council may request information.................................... 139

44NB..................... Decision by the Commonwealth Minister....................... 139

Subdivision D—Procedural provisions 141

44NC..................... Time limit for Council recommendations........................ 141

44NE..................... Council may invite public submissions........................... 143

44NF..................... Publication—Council...................................................... 145

44NG.................... Publication—Commonwealth Minister........................... 146

Subdivision E—Review of decisions 146

44O....................... Review of Ministerial decision on effectiveness of access regime 146

Subdivision F—State or Territory ceasing to be a party to Competition Principles Agreement 148

44P........................ State or Territory ceasing to be a party to Competition Principles Agreement 148

Division 2B—Competitive tender processes for government owned facilities 149

44PA..................... Approval of competitive tender process.......................... 149

44PAA.................. Commission may request information............................ 150

44PB..................... Report on conduct of tender process............................... 151

44PC..................... Revocation of approval decision..................................... 151

44PD..................... Time limit for Commission decisions............................. 153

44PE...................... Commission may invite public submissions................... 155

44PF...................... Commission must publish its decisions.......................... 156

44PG..................... Review of Commission’s initial decision........................ 157

44PH..................... Review of decision to revoke an approval...................... 159

Division 2C—Register of decisions and declarations 161

44Q....................... Register of decisions, declarations and ineligibility decisions 161

Division 3—Access to declared services 162

Subdivision A—Scope of Division 162

44R........................ Constitutional limits on operation of this Division.......... 162

Subdivision B—Notification of access disputes 162

44S........................ Notification of access disputes........................................ 162

44T........................ Withdrawal of notifications............................................. 163

Subdivision C—Arbitration of access disputes 163

44U....................... Parties to the arbitration.................................................. 163

44V....................... Determination by Commission....................................... 163

44W....................... Restrictions on access determinations............................. 165

44X....................... Matters that the Commission must take into account...... 166

44XA.................... Time limit for Commission’s final determination............ 167

44Y....................... Commission may terminate arbitration in certain cases... 169

44YA.................... Commission must terminate arbitration if declaration varied or set aside by Tribunal 169

Subdivision D—Procedure in arbitrations 170

44Z........................ Constitution of Commission for conduct of arbitration... 170

44ZA..................... Member of the Commission presiding at an arbitration.. 170

44ZB..................... Reconstitution of Commission........................................ 170

44ZC..................... Determination of questions............................................. 171

44ZD..................... Hearing to be in private................................................... 171

44ZE...................... Right to representation.................................................... 171

44ZF...................... Procedure of Commission.............................................. 171

44ZG..................... Particular powers of Commission................................... 172

44ZH..................... Power to take evidence on oath or affirmation................ 173

44ZI....................... Failing to attend as a witness.......................................... 173

44ZJ...................... Failing to answer questions etc....................................... 174

44ZK..................... Intimidation etc............................................................... 174

44ZL...................... Party may request Commission to treat material as confidential 175

44ZM.................... Sections 18 and 19 do not apply to the Commission in an arbitration 176

44ZN..................... Parties to pay costs of an arbitration............................... 176

44ZNA.................. Joint arbitration hearings................................................. 176

Subdivision DA—Arbitration reports 178

44ZNB.................. Arbitration reports.......................................................... 178

Subdivision E—Effect of determinations 179

44ZO..................... Operation of final determinations.................................... 179

44ZOA.................. Effect and duration of interim determinations................. 181

Subdivision F—Review of final determinations 182

44ZP...................... Review by Tribunal........................................................ 182

44ZQ..................... Provisions that do not apply in relation to a Tribunal review 183

44ZR..................... Appeals to Federal Court from determinations of the Tribunal 183

44ZS...................... Operation and implementation of a determination that is subject to appeal 184

44ZT...................... Transmission of documents............................................ 184

Subdivision G—Variation and revocation of determinations 185

44ZU..................... Variation of final determinations..................................... 185

44ZUA.................. Variation and revocation of interim determinations......... 185

Division 4—Registered contracts for access to declared services 186

44ZV..................... Constitutional limits on operation of this Division.......... 186

44ZW.................... Registration of contract................................................... 186

44ZX..................... Review of decision not to register contract..................... 187

44ZY..................... Effect of registration of contract...................................... 188

Division 5—Hindering access to declared services 189

44ZZ...................... Prohibition on hindering access to declared services...... 189

Division 6—Access undertakings and access codes for services 190

Subdivision A—Giving of access undertakings and access codes 190

44ZZA................... Access undertakings by providers.................................. 190

44ZZAAA............. Proposed amendments to access undertakings................ 192

44ZZAAB............. Access undertakings containing fixed principles............ 194

44ZZAA................ Access codes prepared by industry bodies..................... 196

44ZZAB................ Commission may rely on industry body consultations... 198

Subdivision B—Effect of access undertakings and access codes 199

44ZZBA................ When access undertakings and access codes come into operation 199

Subdivision C—Extensions of access undertakings and access codes 200

44ZZBB................ Extensions of access undertakings and access codes...... 200

Subdivision D—Procedural provisions 202

44ZZBC................ Time limit for Commission decisions............................. 202

44ZZBCA............. Commission may request information............................ 204

44ZZBD................ Commission may invite public submissions................... 204

44ZZBE................. Commission must publish its decisions.......................... 206

Subdivision E—Review of decisions 207

44ZZBF................. Review of decisions........................................................ 207

Subdivision F—Register of access undertakings and access codes 209

44ZZC................... Register of access undertakings and access codes.......... 209

Division 6A—Pricing principles for access disputes and access undertakings or codes 210

44ZZCA................ Pricing principles for access disputes and access undertakings or codes 210

Division 6B—Overlap among determinations, registered contracts, access undertakings and Tribunal review 211

44ZZCB................ Deferring access disputes or access undertakings........... 211

44ZZCBA............. Deferral of arbitration if review is underway.................. 213

44ZZCC................ Overlap between determinations and access undertakings 214

44ZZCD................ Overlap between registered contracts and access undertakings 214

Division 7—Enforcement and remedies 216

44ZZD................... Enforcement of determinations....................................... 216

44ZZE................... Enforcement of prohibition on hindering access............. 217

44ZZF................... Consent injunctions........................................................ 218

44ZZG................... Interim injunctions.......................................................... 218

44ZZH................... Factors relevant to granting a restraining injunction........ 218

44ZZI.................... Factors relevant to granting a mandatory injunction........ 218

44ZZJ.................... Enforcement of access undertakings............................... 219

44ZZK................... Discharge or variation of injunction or other order......... 219

Division 8—Miscellaneous 220

44ZZL................... Register of determinations.............................................. 220

44ZZM.................. Commonwealth consent to conferral of functions etc. on the Commission or Tribunal by State or Territory laws................................................................................ 220

44ZZMA............... How duty is imposed...................................................... 221

44ZZMB............... When a law of a State or Territory imposes a duty......... 222

44ZZN................... Compensation for acquisition of property....................... 222

44ZZNA................ Operation of Parts IV and VII not affected by this Part.. 223

44ZZO................... Conduct by directors, servants or agents........................ 223

44ZZOAAA.......... Information to be given to Tribunal................................ 225

44ZZOAA............. Tribunal only to consider particular material................... 227

44ZZOA................ Time limit for Tribunal decisions.................................... 227

44ZZP................... Regulations about review by the Tribunal....................... 230

44ZZQ................... Regulations about fees for inspection etc. of registers.... 231

44ZZR................... Procedure of the Tribunal when performing functions under a State/Territory energy law or a designated Commonwealth energy law............................................ 231

Part IV—Restrictive trade practices 232

Division 1—Cartel conduct 232

Subdivision A—Introduction 232

44ZZRA................ Simplified outline............................................................ 232

44ZZRB................ Definitions...................................................................... 232

44ZZRC................ Extended meaning of party............................................. 234

44ZZRD................ Cartel provisions............................................................. 234

44ZZRE................. Meaning of expressions in other provisions of this Act. 240

Subdivision B—Offences etc. 240

44ZZRF................. Making a contract etc. containing a cartel provision........ 240

44ZZRG................ Giving effect to a cartel provision................................... 241

44ZZRH................ Determining guilt............................................................ 242

44ZZRI.................. Court may make related civil orders................................ 243

Subdivision C—Civil penalty provisions 243

44ZZRJ................. Making a contract etc. containing a cartel provision........ 243

44ZZRK................ Giving effect to a cartel provision................................... 243

Subdivision D—Exceptions 244

44ZZRL................. Conduct notified............................................................. 244

44ZZRM............... Cartel provision subject to grant of authorisation............ 244

44ZZRN................ Contracts, arrangements or understandings between related bodies corporate 245

44ZZRO................ Joint ventures—prosecution........................................... 245

44ZZRP................. Joint ventures—civil penalty proceedings....................... 248

44ZZRQ................ Covenants affecting competition..................................... 251

44ZZRR................ Resale price maintenance................................................ 251

44ZZRS................. Exclusive dealing............................................................ 252

44ZZRT................. Dual listed company arrangement................................... 253

44ZZRU................ Acquisition of shares or assets....................................... 253

44ZZRV................ Collective acquisition of goods or services by the parties to a contract, arrangement or understanding 254

Division 1A—Anti‑competitive disclosure of pricing and other information 255

44ZZS................... Definitions...................................................................... 255

44ZZT................... Goods and services to which this Division applies......... 255

44ZZU................... Provisions affecting whether a corporation has disclosed information to a person 256

44ZZV................... Meaning of private disclosure to competitors................ 257

44ZZW.................. Corporation must not make private disclosure of pricing information etc. to competitors 258

44ZZX................... Corporation must not make disclosure of pricing information etc. for purpose of substantially lessening competition..................................................................... 259

44ZZY................... Exceptions that apply to sections 44ZZW and 44ZZX.... 260

44ZZZ................... Additional exceptions that only apply to section 44ZZW 262

44ZZZA................ Burden of proof.............................................................. 265

44ZZZB................. Mere receipt of information does not constitute being knowingly involved in contravention 266

Division 2—Other provisions 267

45.......................... Contracts, arrangements or understandings that restrict dealings or affect competition 267

45B........................ Covenants affecting competition..................................... 270

45C........................ Covenants in relation to prices........................................ 274

45D....................... Secondary boycotts for the purpose of causing substantial loss or damage 276

45DA.................... Secondary boycotts for the purpose of causing substantial lessening of competition 277

45DB..................... Boycotts affecting trade or commerce............................. 278

45DC..................... Involvement and liability of employee organisations...... 279

45DD.................... Situations in which boycotts permitted........................... 281

45E........................ Prohibition of contracts, arrangements or understandings affecting the supply or acquisition of goods or services........................................................................... 284

45EA..................... Provisions contravening section 45E not to be given effect 288

45EB..................... Sections 45D to 45EA do not affect operation of other provisions of Part 288

46.......................... Misuse of market power................................................. 288

46A....................... Misuse of market power—corporation with substantial degree of power in trans‑Tasman market 293

46B........................ No immunity from jurisdiction in relation to certain New Zealand laws 295

47.......................... Exclusive dealing............................................................ 295

48.......................... Resale price maintenance................................................ 302

49.......................... Dual listed company arrangements that affect competition 302

50.......................... Prohibition of acquisitions that would result in a substantial lessening of competition 304

50A....................... Acquisitions that occur outside Australia........................ 306

51.......................... Exceptions...................................................................... 309

51AAA................. Concurrent operation of State and Territory laws........... 314

Part IVB—Industry codes 315

Division 1—Preliminary 315

51ACA.................. Definitions...................................................................... 315

Division 2—Contravention of industry codes 317

51ACB.................. Contravention of industry codes..................................... 317

Division 2A—Infringement notices 318

51ACC.................. Purpose and effect of this Division................................. 318

51ACD.................. Issuing an infringement notice........................................ 318

51ACE.................. Matters to be included in an infringement notice............. 319

51ACF.................. Amount of penalty.......................................................... 319

51ACG.................. Effect of compliance with an infringement notice........... 320

51ACH.................. Effect of failure to comply with an infringement notice.. 320

51ACI................... Infringement notice compliance period for infringement notice 321

51ACJ................... Withdrawal of an infringement notice............................. 321

Division 3—Public warning notices 324

51ADA................. Commission may issue a public warning notice............. 324

Division 4—Orders to redress loss or damage suffered by non‑parties etc. 325

51ADB.................. Orders to redress loss or damage suffered by non‑parties etc. 325

51ADC.................. Kinds of orders that may be made to redress loss or damage suffered by non‑parties etc. 327

Division 5—Investigation power 329

51ADD................. Commission may require corporation to provide information 329

51ADE.................. Extending periods for complying with notices................ 329

51ADF.................. Compliance with notices................................................. 330

51ADG................. False or misleading information etc................................ 330

Division 6—Miscellaneous 331

51AE..................... Regulations relating to industry codes............................ 331

51AEA.................. Concurrent operation of State and Territory laws........... 331

Part V—Carbon tax price reduction obligation 332

Division 1—Preliminary 332

60.......................... Simplified outline of this Part......................................... 332

60AA.................... Objects etc...................................................................... 333

60A....................... Definitions...................................................................... 334

60B........................ Regulated goods............................................................. 339

Division 2—Carbon tax price reduction obligation 340

60C........................ Price exploitation in relation to the carbon tax repeal...... 340

60CA..................... Failure to pass on cost savings—250% penalty.............. 340

60D....................... Notice to entity that is considered to have engaged in price exploitation in relation to the carbon tax repeal........................................................................................ 342

60E........................ Commission may issue notice to aid prevention of price exploitation in relation to the carbon tax repeal........................................................................................ 343

60F........................ Acquisition of property................................................... 344

Division 2A—Carbon tax removal substantiation notices 345

60FA..................... Carbon tax removal substantiation notices...................... 345

60FB..................... Extending periods for complying with carbon tax removal substantiation notices 346

60FC..................... Compliance with carbon tax removal substantiation notices 346

Division 2B—Carbon tax removal substantiation statements 348

60FD..................... Carbon tax removal substantiation statements................. 348

Division 2C—Statements for customers 351

60FE...................... Statements for customers................................................ 351

Division 3—Price monitoring in relation to the carbon tax repeal etc. 353

60G....................... Commission may monitor prices in relation to the carbon tax repeal etc. 353

60H....................... Information‑gathering powers........................................ 355

60J......................... Reporting........................................................................ 357

Division 4—False or misleading representations about the effect of the carbon tax repeal etc. on prices 358

60K........................ False or misleading representations about the effect of the carbon tax repeal etc. on prices 358

Division 5—Infringement notices 359

60L........................ Issuing an infringement notice........................................ 359

60M....................... Effect of compliance with an infringement notice........... 360

60N....................... Effect of failure to comply with an infringement notice.. 361

60P........................ Infringement notice compliance period for infringement notice 361

60Q....................... Withdrawal of an infringement notice............................. 362

60R........................ Effect of this Division..................................................... 363

Part VI—Enforcement and remedies 365

75B........................ Interpretation................................................................... 365

76.......................... Pecuniary penalties......................................................... 365

76A....................... Defence to proceedings under section 76 relating to a contravention of section 95AZN 369

76B........................ What happens if substantially the same conduct is a contravention of Part IV or section 95AZN and an offence?.......................................................................... 370

76C........................ Defence to proceedings relating to exclusionary provisions 371

77.......................... Civil action for recovery of pecuniary penalties.............. 372

77A....................... Indemnification of officers.............................................. 372

77B........................ Certain indemnities not authorised and certain documents void 373

77C........................ Application of section 77A to a person other than a body corporate 373

78.......................... Criminal proceedings not to be brought for contraventions of Part IV 373

79.......................... Offences against section 44ZZRF or 44ZZRG............... 374

79A....................... Enforcement and recovery of certain fines...................... 375

79B........................ Preference must be given to compensation for victims... 377

80.......................... Injunctions...................................................................... 378

80A....................... Price exploitation in relation to the carbon tax repeal—orders limiting prices or requiring refunds of money........................................................................................ 381

80AB..................... Stay of injunctions.......................................................... 381

80AC..................... Injunctions to prevent mergers if clearance or authorisation granted on the basis of false or misleading information..................................................................... 383

81.......................... Divestiture where merger contravenes section 50 or 50A 384

81A....................... Divestiture where merger done under clearance or authorisation granted on false etc. information 386

82.......................... Actions for damages....................................................... 388

83.......................... Finding in proceedings to be evidence............................ 388

84.......................... Conduct by directors, employees or agents..................... 389

85.......................... Defences......................................................................... 391

86.......................... Jurisdiction of courts...................................................... 391

86AA.................... Limit on jurisdiction of Federal Circuit Court................. 393

86A....................... Transfer of matters.......................................................... 393

86C........................ Non‑punitive orders........................................................ 394

86D....................... Punitive orders—adverse publicity................................. 396

86E........................ Order disqualifying a person from managing corporations 397

86F........................ Privilege against exposure to penalty—disqualification from managing corporations 398

87.......................... Other orders.................................................................... 399

87AA.................... Special provision relating to Court’s exercise of powers under this Part in relation to boycott conduct 403

87B........................ Enforcement of undertakings.......................................... 404

87C........................ Enforcement of undertakings—Secretary of the Department 405

87CA..................... Intervention by Commission........................................... 406

Part VIA—Proportionate liability for misleading and deceptive conduct 407

87CB..................... Application of Part.......................................................... 407

87CC..................... Certain concurrent wrongdoers not to have benefit of apportionment 407

87CD..................... Proportionate liability for apportionable claims............... 408

87CE..................... Defendant to notify plaintiff of concurrent wrongdoer of whom defendant aware 409

87CF..................... Contribution not recoverable from defendant.................. 410

87CG..................... Subsequent actions......................................................... 410

87CH..................... Joining non‑party concurrent wrongdoer in the action.... 410

87CI...................... Application of Part.......................................................... 410

Part VIB—Claims for damages or compensation for death or personal injury 412

Division 1—Introduction 412

87D....................... Definitions...................................................................... 412

87E........................ Proceedings to which this Part applies............................ 414

Division 2—Limitation periods 415

87F........................ Basic rule........................................................................ 415

87G....................... Date of discoverability.................................................... 416

87H....................... Long‑stop period............................................................ 418

87J......................... The effect of minority or incapacity................................ 418

87K........................ The effect of close relationships...................................... 419

Division 3—Limits on personal injury damages for non‑economic loss 420

87L........................ Limits on damages for non‑economic loss...................... 420

87M....................... Maximum amount of damages for non‑economic loss... 420

87N....................... Index numbers................................................................ 421

87P........................ Most extreme cases......................................................... 421

87Q....................... Cases of 33% or more (but not 100%) of a most extreme case 422

87R........................ Cases of 15% or more (but less than 33%) of a most extreme case 422

87S........................ Cases of less than 15% of a most extreme case.............. 423

87T........................ Referring to earlier decisions on non‑economic loss....... 423

Division 4—Limits on personal injury damages for loss of earning capacity 424

87U....................... Personal injury damages for loss of earning capacity..... 424

87V....................... Average weekly earnings................................................ 424

Division 5—Limits on personal injury damages for gratuitous attendant care services 426

87W....................... Personal injury damages for gratuitous attendant care services for plaintiff 426

87X....................... Personal injury damages for loss of plaintiff’s capacity to provide gratuitous attendant care services 427

Division 6—Other limits on personal injury damages 429

87Y....................... Damages for future economic loss—discount rate.......... 429

87Z........................ Damages for loss of superannuation entitlements........... 429

87ZA..................... Interest on damages........................................................ 430

87ZB..................... Exemplary and aggravated damages............................... 431

Division 7—Structured settlements 432

87ZC..................... Court may make orders under section 87 for structured settlements 432

Part VII—Authorisations, notifications and clearances in respect of restrictive trade practices 433

Division 1—Authorisations (other than section 50 merger authorisations) 433

87ZP...................... Definitions...................................................................... 433

88.......................... Power of Commission to grant authorisations................ 433

89.......................... Procedure for applications and the keeping of a register. 441

90.......................... Determination of applications for authorisations............. 444

90A....................... Commission to afford opportunity for conference before determining application for authorisation 451

90B........................ Commission may rely on consultations undertaken by the AEMC 455

91.......................... Grant and variation of authorisations.............................. 456

91A....................... Minor variations of authorizations.................................. 458

91B........................ Revocation of an authorization........................................ 460

91C........................ Revocation of an authorization and substitution of a replacement 462

Division 2—Notifications 465

Subdivision A—Exclusive dealing and private disclosure of pricing information 465

93.......................... Notification of exclusive dealing or private disclosure of pricing information 465

Subdivision B—Collective bargaining 471

93AA.................... Definitions...................................................................... 471

93AB..................... Notification of collective bargaining............................... 471

93AC..................... Commission’s objection notice....................................... 476

93AD.................... When collective bargaining notice comes into force and ceases to be in force 478

93AE..................... Withdrawal of collective bargaining notice..................... 479

93AEA.................. Only 1 collective bargaining notice under subsection 93AB(1A) may be given 480

93AF..................... Only 1 collective bargaining notice under subsection 93AB(1) may be given 481

Subdivision C—Conferences 481

93A....................... Commission to afford opportunity for conference before giving notice 481

Subdivision D—Register of notifications 484

95.......................... Register of notifications.................................................. 484

Division 3—Merger clearances and authorisations 488

Subdivision A—Preliminary 488

95AA.................... Simplified outline of this Division.................................. 488

95AB..................... Definitions...................................................................... 489

Subdivision B—Merger clearances 490

95AC..................... Commission may grant clearance for a merger............... 490

95AD.................... Application for clearance................................................ 491

95AE..................... Requirements for valid clearance application.................. 491

95AF..................... Commission to notify if clearance application is invalid. 491

95AG.................... Application to be published on the internet..................... 491

95AH.................... Merger clearance register................................................ 492

95AI...................... Confidentiality claims etc................................................ 492

95AJ...................... Commission may seek additional information from applicant 494

95AK..................... Commission may seek further information and consult others 494

95AL..................... Applicant may withdraw application............................... 494

95AM.................... Commission to make determination on application......... 494

95AN.................... When clearance must not be granted............................... 495

95AO.................... Time limits for determining application........................... 496

95AP..................... Clearance subject to conditions....................................... 496

95AQ.................... When clearance is in force.............................................. 497

95AR..................... Minor variations of clearances........................................ 498

95AS..................... Revocation of clearance or revocation of clearance and substitution of a new clearance 502

Subdivision C—Merger authorisations 506

95AT..................... Tribunal may grant authorisation for a merger................ 506

95AU.................... Application for authorisation.......................................... 507

95AV.................... Requirements for valid authorisation application............ 507

95AW.................... Tribunal to notify if authorisation application is invalid.. 508

95AX.................... Tribunal to notify Commission of authorisation application 508

95AY.................... Application to be published on the internet..................... 508

95AZ..................... Merger authorisation register.......................................... 508

95AZA.................. Confidentiality claims etc................................................ 509

95AZC.................. Tribunal may seek additional information from applicant 510

95AZD.................. Tribunal may seek further information and consult others etc. 511

95AZE................... Applicant may withdraw application............................... 511

95AZEA................ Tribunal must require Commission to give report........... 511

95AZF................... Commission to assist Tribunal........................................ 511

95AZFA................ Commission may make enquiries................................... 512

95AZG.................. Tribunal to make determination on application................ 512

95AZH.................. When authorisation must not be granted......................... 513

95AZI.................... Time limits for determining application........................... 514

95AZJ................... Authorisation subject to conditions................................. 514

95AZK.................. When authorisation is in force........................................ 515

95AZL................... Minor variations of authorisations.................................. 515

95AZM................. Revocation of authorisation or revocation of authorisation and substitution of a new authorisation 519

Subdivision D—Miscellaneous 524

95AZN.................. Providing false or misleading information...................... 524

Part VIIA—Prices surveillance 526

Division 1—Preliminary 526

95A....................... Interpretation................................................................... 526

95B........................ Exempt supplies.............................................................. 530

95C........................ Application of Part.......................................................... 530

95D....................... Crown to be bound......................................................... 531

95E........................ Object of this Part........................................................... 531

95F........................ Simplified overview of this Part..................................... 532

Division 2—Commission’s functions under this Part 533

95G....................... Commission’s functions under this Part......................... 533

Division 3—Price inquiries 535

Subdivision A—Holding of inquiries 535

95H....................... Price inquiries................................................................. 535

95J......................... Content of inquiry notices............................................... 536

95K........................ Period for completing inquiry......................................... 537

95L........................ Notice of holding of inquiry........................................... 538

95M....................... Notice of extension of period for completing inquiry..... 538

95N....................... Price restrictions............................................................. 539

Subdivision B—Reports on inquiries 542

95P........................ Copies of report to be made available............................. 542

95Q....................... Notification of proposed prices after receipt of report..... 542

Subdivision C—Procedure at inquiries 543

95R........................ Public inquiries etc.......................................................... 543

95S........................ Taking of evidence on oath or affirmation...................... 544

95T........................ Failure of witness to attend............................................. 545

95U....................... Refusal to be sworn or to answer question..................... 545

95V....................... Protection of witnesses................................................... 546

95W....................... Allowances to witnesses................................................. 547

Division 4—Price notifications 548

95X....................... Declarations by Minister or Commission....................... 548

95Y....................... Declarations in relation to State or Territory authorities.. 548

95Z........................ Price restrictions............................................................. 550

95ZA..................... Later notices modifying a locality notice......................... 553

95ZB..................... Applicable period in relation to a locality notice.............. 553

95ZC..................... Register of price notifications......................................... 554

95ZD..................... Delegation by Commission............................................. 556

Division 5—Price monitoring 557

95ZE...................... Directions to monitor prices, costs and profits of an industry 557

95ZF...................... Directions to monitor prices, costs and profits of a business 557

95ZG..................... Exceptions to price monitoring....................................... 558

Division 6—Other provisions 559

95ZH..................... Ministerial directions...................................................... 559

95ZI....................... Inquiries by an unincorporated body or a group of 2 or more individuals 559

95ZJ...................... Withdrawal of notices..................................................... 560

95ZK..................... Power to obtain information or documents..................... 560

95ZL...................... Inspection of documents etc............................................ 563

95ZM.................... Retention of documents.................................................. 564

95ZN..................... Confidential information................................................. 564

95ZO..................... Immunity........................................................................ 565

95ZP...................... Secrecy: members or staff members of the Commission etc. 566

95ZQ..................... Secrecy: persons involved in inquiries by bodies other than the Commission 567

Part VIII—Resale price maintenance 570

96.......................... Acts constituting engaging in resale price maintenance... 570

96A....................... Resale price maintenance in relation to services.............. 572

97.......................... Recommended prices...................................................... 573

98.......................... Withholding the supply of goods.................................... 573

99.......................... Statements as to the minimum price of goods................. 574

100........................ Evidentiary provisions.................................................... 575

Part IX—Review by Tribunal of Determinations of Commission 576

Division 1—Applications for review (other than for merger clearances) 576

101........................ Applications for review.................................................. 576

101A..................... Application for review of notice under subsection 93(3) or (3A) or 93AC(1) or (2) 577

102........................ Functions and powers of Tribunal.................................. 578

Division 2—Procedure and Evidence 583

102A..................... Definition........................................................................ 583

103........................ Procedure generally........................................................ 583

104........................ Regulations as to certain matters..................................... 583

105........................ Power to take evidence on oath....................................... 584

106........................ Hearings to be in public except in special circumstances 584

107........................ Evidence in form of written statement............................. 585

108........................ Taking of evidence by single member............................. 585

109........................ Participants in proceedings before Tribunal.................... 585

110........................ Representation................................................................ 586

Division 3—Review of Commission’s determinations on merger clearances 587

111........................ Applications for review.................................................. 587

112........................ Tribunal to notify Commission....................................... 588

113........................ Commission to give material to Tribunal........................ 588

114........................ Tribunal may consult etc. to clarify information.............. 588

115........................ Commission to assist Tribunal........................................ 589

116........................ Tribunal only to consider material before the Commission 589

117........................ Tribunal to make decision on review.............................. 589

118........................ Time limits for making review decision.......................... 590

119........................ Tribunal’s decision taken to be Commission’s............... 590

An Act relating to competition, fair trading and consumer protection, and for other purposes

Part I—Preliminary

1 Short title

This Act may be cited as the Competition and Consumer Act 2010.

2 Object of this Act

The object of this Act is to enhance the welfare of Australians through the promotion of competition and fair trading and provision for consumer protection.

2A Application of Act to Commonwealth and Commonwealth authorities

(1) Subject to this section and sections 44AC, 44E and 95D, this Act binds the Crown in right of the Commonwealth in so far as the Crown in right of the Commonwealth carries on a business, either directly or by an authority of the Commonwealth.

(2) Subject to the succeeding provisions of this section, this Act applies as if:

(a) the Commonwealth, in so far as it carries on a business otherwise than by an authority of the Commonwealth; and

(b) each authority of the Commonwealth (whether or not acting as an agent of the Crown in right of the Commonwealth) in so far as it carries on a business;

were a corporation.

(3) Nothing in this Act makes the Crown in right of the Commonwealth liable to a pecuniary penalty or to be prosecuted for an offence.

(3A) The protection in subsection (3) does not apply to an authority of the Commonwealth.

(4) Part IV does not apply in relation to the business carried on by the Commonwealth in developing, and disposing of interests in, land in the Australian Capital Territory.

2B Application of Act to States and Territories

(1) The following provisions of this Act bind the Crown in right of each of the States, of the Northern Territory and of the Australian Capital Territory, so far as the Crown carries on a business, either directly or by an authority of the State or Territory:

(a) Part IV;

(aa) Part V;

(b) Part XIB;

(2) Nothing in this Act renders the Crown in right of a State or Territory liable to a pecuniary penalty or to be prosecuted for an offence.

(3) The protection in subsection (2) does not apply to an authority of a State or Territory.

2BA Application of Part IV to local government bodies

(1) Part IV applies in relation to a local government body only to the extent that it carries on a business, either directly or by an incorporated company in which it has a controlling interest.

(2) In this section:

local government body means a body established by or under a law of a State or Territory for the purposes of local government, other than a body established solely or primarily for the purposes of providing a particular service, such as the supply of electricity or water.

2C Activities that are not business

(1) For the purposes of sections 2A, 2B and 2BA, the following do not amount to carrying on a business:

(a) imposing or collecting:

(i) taxes; or

(ii) levies; or

(iii) fees for licences;

(b) granting, refusing to grant, revoking, suspending or varying licences (whether or not they are subject to conditions);

(i) only persons who are all acting for the Crown in the same right (and none of whom is an authority of the Commonwealth or an authority of a State or Territory); or

(ii) only persons who are all acting for the same authority of the Commonwealth; or

(iii) only persons who are all acting for the same authority of a State or Territory; or

(iv) only the Crown in right of the Commonwealth and one or more non‑commercial authorities of the Commonwealth; or

(v) only the Crown in right of a State or Territory and one or more non‑commercial authorities of that State or Territory; or

(vi) only non‑commercial authorities of the Commonwealth; or

(vii) only non‑commercial authorities of the same State or Territory; or

(viii) only persons who are all acting for the same local government body (within the meaning of section 2BA) or for the same incorporated company in which such a body has a controlling interest;

(d) the acquisition of primary products by a government body under legislation, unless the acquisition occurs because:

(i) the body chooses to acquire the products; or

(ii) the body has not exercised a discretion that it has under the legislation that would allow it not to acquire the products.

(2) Subsection (1) does not limit the things that do not amount to carrying on a business for the purposes of sections 2A, 2B and 2BA.

(3) In this section:

acquisition of primary products by a government body under legislation includes vesting of ownership of primary products in a government body by legislation.

government body means the Commonwealth, a State, a Territory, an authority of the Commonwealth or an authority of a State or Territory.

licence means a licence that allows the licensee to supply goods or services.

primary products means:

(a) agricultural or horticultural produce; or

(b) crops, whether on or attached to the land or not; or

(d) the bodily produce (including natural increase) of animals.

(4) For the purposes of this section, an authority of the Commonwealth or an authority of a State or Territory is non‑commercial if:

(a) it is constituted by only one person; and

(b) it is neither a trading corporation nor a financial corporation.

3 Repeal

The Restrictive Trade Practices Act 1971 and the Restrictive Trade Practices Act 1972 are repealed.

4 Interpretation

(1) In this Act, unless the contrary intention appears:

acquire includes:

(a) in relation to goods—acquire by way of purchase, exchange or taking on lease, on hire or on hire‑purchase; and

(b) in relation to services—accept.

AEMC or Australian Energy Market Commission means the body established by section 5 of the Australian Energy Market Commission Establishment Act 2004 of South Australia.

AER or Australian Energy Regulator means the body established by section 44AE.

AER Chair means the Chair of the AER.

AER member means a member of the AER.

arrive at, in relation to an understanding, includes reach or enter into.

Australian Consumer Law means Schedule 2 as applied under Subdivision A of Division 2 of Part XI.

authorisation means:

(a) an authorisation under Division 1 of Part VII granted by the Commission or by the Tribunal on a review of a determination of the Commission; or

(b) an authorisation under Division 3 of Part VII granted by the Tribunal.

authority, in relation to a State or Territory (including an external Territory), means:

(a) a body corporate established for a purpose of the State or the Territory by or under a law of the State or Territory; or

(b) an incorporated company in which the State or the Territory, or a body corporate referred to in paragraph (a), has a controlling interest.

authority of the Commonwealth means:

(a) a body corporate established for a purpose of the Commonwealth by or under a law of the Commonwealth or a law of a Territory; or

(b) an incorporated company in which the Commonwealth, or a body corporate referred to in paragraph (a), has a controlling interest.

banker includes, but is not limited to, a body corporate that is an ADI (authorised deposit‑taking institution) for the purposes of the Banking Act 1959.

business includes a business not carried on for profit.

cartel provision has the meaning given by section 44ZZRD.

Chairperson means the Chairperson of the Commission.

clearance means a clearance under Division 3 of Part VII granted by the Commission or by the Tribunal on a review of a determination of the Commission.

Commission means the Australian Competition and Consumer Commission established by section 6A, and includes a member of the Commission or a Division of the Commission performing functions of the Commission.

competition includes competition from imported goods or from services rendered by persons not resident or not carrying on business in Australia.

Competition Principles Agreement means the Competition Principles Agreement made on 11 April 1995 between the Commonwealth, New South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania, the Australian Capital Territory and the Northern Territory, being that agreement as in force from time to time.

Conduct Code Agreement means the Conduct Code Agreement made on 11 April 1995 between the Commonwealth, New South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania, the Australian Capital Territory and the Northern Territory, being that agreement as in force from time to time.

corporation means a body corporate that:

(a) is a foreign corporation;

(b) is a trading corporation formed within the limits of Australia or is a financial corporation so formed;

(d) is the holding company of a body corporate of a kind referred to in paragraph (a), (b) or (c).

Council means the National Competition Council established by section 29A.

Councillor means a member of the Council, including the Council President.

Council President means the Council President referred to in subsection 29C(1).

covenant means a covenant (including a promise not under seal) annexed to or running with an estate or interest in land (whether at law or in equity and whether or not for the benefit of other land), and proposed covenant has a corresponding meaning.

debenture includes debenture stock, bonds, notes and any other document evidencing or acknowledging indebtedness of a body corporate, whether constituting a charge on property of the body corporate or not.

Deputy Chairperson means a Deputy Chairperson of the Commission.

Deputy President means a Deputy President of the Tribunal, and includes a person appointed to act as a Deputy President of the Tribunal.

Deputy Registrar means a Deputy Registrar of the Tribunal.

designated Commonwealth energy law means:

(a) the National Electricity (Commonwealth) Law and Regulations (as defined by the Australian Energy Market Act 2004); or

(b) the National Gas (Commonwealth) Law and Regulations (as defined by the Australian Energy Market Act 2004); or

(c) the Offshore Western Australian Pipelines (Commonwealth) Law and Regulations (as defined by the Australian Energy Market Act 2004); or

(d) the National Energy Retail Law and Regulations (Commonwealth) (as defined by the Australian Energy Market Act 2004).

document means any record of information, and includes:

(a) anything on which there is writing; and

(b) anything on which there are marks, figures, symbols or perforations having a meaning for persons qualified to interpret them; and

(d) a map, plan, drawing or photograph.

dual listed company arrangement has the same meaning as in section 125‑60 of the Income Tax Assessment Act 1997.

Federal Circuit Court means the Federal Circuit Court of Australia.

financial corporation means a financial corporation within the meaning of paragraph 51(xx) of the Constitution and includes a body corporate that carries on as its sole or principal business the business of banking (other than State banking not extending beyond the limits of the State concerned) or insurance (other than State insurance not extending beyond the limits of the State concerned).

foreign corporation means a foreign corporation within the meaning of paragraph 51(xx) of the Constitution and includes a body corporate that is incorporated in an external Territory.

fully‑participating jurisdiction means a State or Territory that:

(a) is a participating jurisdiction as defined in section 150A; and

(b) is not named in a notice in operation under section 150K.

give effect to, in relation to a provision of a contract, arrangement or understanding, includes do an act or thing in pursuance of or in accordance with or enforce or purport to enforce.

goods includes:

(a) ships, aircraft and other vehicles;

(b) animals, including fish;

(d) gas and electricity.

local energy instrument means a regulation, rule, order, declaration or other instrument if:

(a) the instrument is made or has effect under a law of a State or Territory; and

(b) the law of the State or Territory applies a uniform energy law as a law of its own jurisdiction.

member of the Commission includes the Chairperson and a person appointed to act as a member of the Commission but does not include an associate member of the Commission.

member of the Tribunal includes the President and a person appointed to act as a member of the Tribunal.

New Zealand Commerce Commission means the Commission established by section 8 of the Commerce Act 1986 of New Zealand.

New Zealand Crown corporation means a body corporate that is an instrument of the Crown in respect of the Government of New Zealand.

organisation of employees means an organisation that exists or is carried on for the purpose, or for purposes that include the purpose, of furthering the interests of its members in relation to their employment.

personal injury includes:

(a) pre‑natal injury; or

(b) impairment of a person’s physical or mental condition; or

but does not include an impairment of a person’s mental condition unless the impairment consists of a recognised psychiatric illness.

practice of exclusive dealing means the practice of exclusive dealing referred to in subsection 47(2), (3), (4), (5), (6), (7), (8) or (9).

practice of resale price maintenance means the practice of resale price maintenance referred to in Part VIII.

President means the President of the Tribunal and includes a person appointed to act as President of the Tribunal.

presidential member or presidential member of the Tribunal means the President or a Deputy President.

price includes a charge of any description.

provision, in relation to an understanding, means any matter forming part of the understanding.

registered charity means an entity that is registered under the Australian Charities and Not‑for‑profits Commission Act 2012 as the type of entity mentioned in column 1 of item 1 of the table in subsection 25‑5(5) of that Act.

Registrar means the Registrar of the Tribunal.

require, in relation to the giving of a covenant, means require or demand the giving of a covenant, whether by way of making a contract containing the covenant or otherwise, and whether or not a covenant is given in pursuance of the requirement or demand.

send includes deliver, and sent and sender have corresponding meanings.

services includes any rights (including rights in relation to, and interests in, real or personal property), benefits, privileges or facilities that are, or are to be, provided, granted or conferred in trade or commerce, and without limiting the generality of the foregoing, includes the rights, benefits, privileges or facilities that are, or are to be, provided, granted or conferred under:

(a) a contract for or in relation to:

(i) the performance of work (including work of a professional nature), whether with or without the supply of goods;

(ii) the provision of, or the use or enjoyment of facilities for, amusement, entertainment, recreation or instruction; or

(iii) the conferring of rights, benefits or privileges for which remuneration is payable in the form of a royalty, tribute, levy or similar exaction;

(b) a contract of insurance;

(c) a contract between a banker and a customer of the banker entered into in the course of the carrying on by the banker of the business of banking; or

(d) any contract for or in relation to the lending of moneys;

but does not include rights or benefits being the supply of goods or the performance of work under a contract of service.

share includes stock.

South Australian Electricity Legislation means:

(a) the National Electricity Law set out in the Schedule to the National Electricity (South Australia) Act 1996 of South Australia as in force from time to time; and

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Competition and Consumer Act 2010