South Australian Numbered Acts

COOPER BASIN (RATIFICATION) AMENDMENT ACT 2003 (NO 43 OF 2003) - SECT 6

6—Substitution of section 16

Section 16—repeal the section and substitute:

16—Approval of certain things

The following things are specifically authorised for the purposes of section 51 of the Trade Practices Act 1974 of the Commonwealth:

            (a)         the authorised agreements; and

            (b)         anything done (before or after the commencement of this section) by a party, or anyone acting on behalf of a party, under or to give effect to the authorised agreements or any of them; and

            (c)         anything done (before or after the commencement of this section) to give effect to the conditions of Pipeline Licence No 2; and

            (d)         all contracts, arrangements, understandings, practices, acts and things done or made by the Producers or any of them before the commencement of this section and related to the sale or delivery of liquids;

            (e)         a contract, arrangement, understanding, practice, act or thing done or made by the Producers or any of them after the commencement of this section and related to the sale or delivery of liquids if—

                  (i)         the Producers have given written notice of it to the Minister; and

                  (ii)         the Minister has not, within 60 days after receiving that notice, given notice to the Producers excluding it from the ambit of this section on the ground that it is contrary to the public interest.