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COMPETITION POLICY REFORM (TRANSITIONAL PROVISIONS) REGULATIONS 1995 No. 331 - REG 13

PSA inquiries and reports
13. (1) An inquiry under Part III of the Prices Surveillance Act that:

(a)
was begun before the commencement date by PSA; and

(b)
immediately before that date had not been completed;

is taken, on and after that date, to have been begun under that Part by ACCC, and everything done in relation to that inquiry for the purposes of that Act before the commencement date is taken, on and after that date, to have been done for the purposes of that Act by ACCC.

(2)
For the purposes of subregulation (1), an inquiry referred to in that subregulation is not completed unless PSA has:

(a)
submitted a report of the inquiry to the Minister; and

(b)
fully complied with section 26 of the Prices Surveillance Act as in force immediately before the commencement date, in relation to the report.

(3)
An instrument under subsection 18 (1) of the Prices Surveillance Act that:

(a)
was made by the Minister before the commencement date; and

(b)
requires PSA to hold an inquiry or approves the holding by PSA of an inquiry; and

(c)
immediately before that date was still in effect;

has effect according to its tenor on or after the commencement date as if it required ACCC to hold the inquiry or approved the holding of the inquiry by ACCC, as the case requires.



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