Document ID: chunk:federal_register_of_legislation:C2024C00742:section:151e
Version: federal_register_of_legislation:C2024C00742
Segment Type: section
Provision Reference: s 151E
Character Range: 336242–336974

151E  Withdrawal of undertaking that is under consideration

Scope
 (1) This section applies if:
 (a) a person gives the ACCC a standard functional separation undertaking; or
 (b) 2 or more persons give the ACCC a joint functional separation undertaking.

Withdrawal
 (2) The person or persons may withdraw the undertaking at any time before the ACCC makes a decision to accept or reject the undertaking.
 (3) This Act does not prevent the person or persons from giving a fresh undertaking.

Refund of fee
 (4) If:
 (a) the person or persons withdraw the undertaking; and
 (b) the person or persons have paid a fee in relation to the undertaking;
the ACCC may, on behalf of the Commonwealth, refund the whole or a part of the fee.