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;
(c) the other provisions of this Act so far as they relate to the above provisions.
(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);
(c) a transaction involving:
(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
(c) animals (whether dead or alive); 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;
(c) is incorporated in a Territory; or
(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
(c) anything from which sounds, images or writings can be reproduced with or without the aid of anything else; 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;
(c) minerals, trees and crops, whether on, under or attached to land or not; and
(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
(c) disease;
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
(b) any regulations, as in force from time