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StatuteCompetition and Consumer Act 2010

Section 52ZZK — Competition and Consumer Act 2010: Standard offers—consequences of agreement

Text of the provision Official document

(1) Subsection (2) applies if: (a) a responsible digital platform corporation for a designated digital platform corporation makes an offer to make a binding agreement; and (b) the offer complies with subsection 52ZZJ(1); and (c) the responsible digital platform corporation has given a copy of the offer to all registered news business corporations covered by subsection 52ZZJ(2); and (d) a registered news business corporation for a registered news business has accepted the offer, and the resulting agreement has become binding on the responsible digital platform corporation and the registered news business corporation; and (e) the parties to the agreement notify the Commission, in writing, that the agreement has become binding. (2) The specified provisions do not apply to the extent that (disregarding this subsection) they impose an obligation on one covered corporation in respect of another covered corporation in relation to the covered services that are designated digital platform services. (3) However, subsection (2) does not apply if, before the agreement became binding, a notification has been made for the purposes of subsection 52ZE(1) to the responsible digital platform corporation, in relation to the registered news business. (4) The provisions are as follows: (a) Division 6 (bargaining); (b) Division 7 (arbitration about remuneration issue).

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.