Commonwealth Numbered Regulations

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COMPETITION POLICY REFORM (TRANSITIONAL PROVISIONS) REGULATIONS 1995 No. 331 - REG 11

TPC authorisations concerning restrictive trade practices
11. (1) An authorisation granted, or taken to have been granted, by TPC under Division 1 of Part VII of the Trade Practices Act and in force immediately before the commencement date, has effect according to its tenor on and after that date as if it had been granted under that Division by ACCC, and may be varied or revoked by ACCC accordingly.

(2)
An application made to TPC under section 88 of the Trade Practices Act that, immediately before the commencement date, had not been finally determined, is taken, on and after that date, to be an application made to ACCC, and everything done, or taken to have been done, by TPC under that Act in relation to the application before the commencement date is taken, on and after that date, to have been done under that Act by ACCC.

(3)
The register of applications kept by TPC under subsection 89  (3) of the Trade Practices Act immediately before the commencement date is taken, on and after that date, to be the part of the register of applications kept under that subsection by ACCC.



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