Commonwealth Consolidated Acts

COMPETITION AND CONSUMER ACT 2010 - SECT 29B

  (1)   The Council's functions include:

  (a)   carrying out research into matters referred to the Council by the Minister; and

  (b)   providing advice on matters referred to the Council by the Minister.

  (2)   The Council may:

  (a)   perform any function conferred on it by a law of the Commonwealth, or of a State or Territory; and

  (b)   exercise any power:

  (i)   conferred by that law to facilitate the performance of that function; or

  (ii)   necessary or convenient to permit the performance of that function.

  (2A)   The Council must not, under subsection   (2):

  (a)   perform a function conferred on it by a law of a State or Territory; or

  (b)   exercise a power that is so conferred;

unless the conferral of the function or power is in accordance with the Competition Principles Agreement.

  (2B)   Subsection   (2) does not apply to a State/Territory energy law.

Note:   Section   29BA provides that a State/Territory energy law may confer functions or powers, or impose duties, on the Council.

  (3)   In performing its functions, the Council may co - operate with a department, body or authority of the Commonwealth, of a State or of a Territory.