Section 58DC — Competition and Consumer Act 2010: Content, including requirements, of a scheme that is not already authorised under a Commonwealth law
Text of the provision Official document
(1) The SPF rules may prescribe the following requirements for a scheme for which paragraph 58DB(1)(b) is to apply: (a) organisational requirements for membership of the scheme; (b) requirements for the operator (the operator) of the scheme; (c) requirements for how the scheme is to operate; (d) requirements to be complied with by members of the scheme; (e) requirements for making changes to the scheme. (2) A scheme for which paragraph 58DB(1)(b) is to apply may also include provisions dealing with the following: (a) powers of one or more of the following under the scheme: (i) the Minister; (ii) an SPF regulator; (iii) a Commonwealth entity (within the meaning of the Public Governance, Performance and Accountability Act 2013); (b) powers of the operator under the scheme, including powers to: (i) seek information; and (ii) make determinations of complaints; and (iii) make determinations imposing financial and non-financial remedies; and (c) appeals to the Federal Court from such determinations by the operator; (d) information sharing and reporting; (e) a provision that depends on the operator or another person being satisfied of one or more specified matters; (f) provisions about the following matters: (i) the manner in which the operator may charge (or cause to be charged) a fee under the scheme; (ii) the time for paying such a fee; (iii) giving notice of, or publicising, such a fee or matters about such a fee; (g) provisions about any other matters that the provisions of this Part provide may be specified, or otherwise dealt with, in the scheme.
Official source: Federal Register of Legislation
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