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StatuteCompetition and Consumer Act 2010

Section 55C — Competition and Consumer Act 2010: Surcharge information notices

Text of the provision Official document

(1) The Commission may, by written notice given to a surcharge participant, require the participant to give to the Commission information or documents evidencing either or both of the following: (a) the amount of a payment surcharge; (b) the cost of processing a payment in relation to which a payment surcharge was paid. (2) A corporation is a surcharge participant if, in trade or commerce, the corporation: (a) charges a payment surcharge; or (b) processes a payment for which a payment surcharge is charged. (3) The notice given by the Commission to the surcharge participant is a surcharge information notice. (4) The surcharge information notice must specify: (a) the kinds of information or documents to be given to the Commission; and (b) the period for giving the information or documents.

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.