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StatuteCompetition and Consumer Act 2010

Section 45AA — Competition and Consumer Act 2010: Simplified outline

Text of the provision Official document

The following is a simplified outline of this Division: • This Division sets out parallel offences and civil penalty provisions relating to cartel conduct. • A corporation must not make, or give effect to, a contract, arrangement or understanding that contains a cartel provision. • A cartel provision is a provision relating to: (a) price-fixing; or (b) restricting outputs in the production and supply chain; or (c) allocating customers, suppliers or territories; or (d) bid-rigging; by parties that are, or would otherwise be, in competition with each other.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.