(1) Subject to subsection (2), an arbitration hearing is to be conducted in private.
(2) If the parties agree, an arbitration hearing, or part of an arbitration hearing, may be conducted in public.
(3) The member of the ACCC who is presiding at an arbitration hearing conducted in private may give written directions about the persons who may be present at the hearing.
(4) In giving directions under subsection (3), the member presiding must have regard to the wishes of the parties and the need for commercial confidentiality.