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StatuteCompetition and Consumer Act 2010

Section 56AE — Competition and Consumer Act 2010: Secretary must arrange for analysis, consultation and report about an instrument proposing to designate a sector or declare actions

Text of the provision Official document

(1) The Secretary of the Department complies with this section in relation to the making of an instrument under subsection 56AC(2) or section 56ACA if the Secretary arranges for all of the following: (a) an analysis of the matters in paragraphs 56AD(1)(a) to (e) in relation to the instrument; (b) public consultation about those matters in relation to the instrument: (i) for at least 28 days; and (ii) in one or more ways that include making information available on the Department’s website and inviting the public to comment; (c) consultation with each of the following about those matters in relation to the instrument: (i) the Commission; (ii) the Information Commissioner; (iii) for an instrument under subsection 56AC(2)—the person or body (if any) that the Secretary believes to be the primary regulator of the sector that the instrument would designate; (iiia) for an instrument under section 56ACA—a person or body (if any) that the Secretary believes to be a regulator of a type of actions that the instrument would declare; (iv) any person or body prescribed by the regulations; (d) the preparation of a report for the Minister about that analysis and consultation. (2) The Secretary must publish the report on the Department’s website.

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.