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Schedule 4—Exclusionary provisions

Schedule 4 Exclusionary provisions

   

Competition and Consumer Act 2010

1  Section 4D

Repeal the section.

2  Section 76C

Repeal the section.

3  Subsection 93AC(1)

Repeal the subsection, substitute:

Commission’s objection notice—cartel provisions

             (1)  If:

                     (a)  a corporation gives the Commission a collective bargaining notice under subsection 93AB(1A) in relation to a contract, or proposed contract, containing a cartel provision of the kind referred to in that subsection; and

                     (b)  the Commission is satisfied that any benefit to the public that has resulted or is likely to result or would result or be likely to result from the provision does not or would not outweigh the detriment to the public that has resulted or is likely to result or would result or be likely to result from the provision;

the Commission may give the corporation a written notice (the objection notice ) stating that it is so satisfied.

4  Paragraph 10.08(1)(a)

Repeal the paragraph.

5  Subsection 10.08(1)

Omit “, (a)”.