The ACCC has additional powers in respect of its functions under the access regime for essential facilities and its role under the Price Surveillance Act. Sanctions imposed for breach The proposals will increase the penalties for offences. The sanctions will be slightly from those in Australia. The courts will be able to ban serious offenders from being involved in the management of a body corporate for a period up to 5 years. Exemplary damages will also be payable.
Exemplary damages are also payable.
Overseas shipping arrangements. Shipping is exempt from the Commerce Act and subject to a specific regime under the Shipping Act 1987. The Minister of Transport has responsibility for competition issues under this Act. Part X. Sets up a specific competition regime for shipping. Telecommunications Access Regime.