Document ID: chunk:federal_register_of_legislation:C2004A04938:body:0:p81
Version: federal_register_of_legislation:C2004A04938
Segment Type: other
Provision Reference: 
Character Range: 209692–212691

"(2B) The Commission may exclude the information if the Commission is satisfied that the claim is justified and is not of the opinion that disclosure of the information is necessary in the public interest.".

Subsection 24(1):

Omit "Authority" (wherever occurring), substitute "Commission".

Subsection 24(1):

Omit "previously" (wherever occurring).

Paragraph 24(1) (a):

After "conditions" (first occurring) insert "in the past 12 months".

Paragraph 24(1)(a):

After "conditions" (last occurring) insert "in that period".

Paragraph 24(1) (b):

After "conditions" (first occurring) insert "in the past 12 months".

Paragraph 24(1) (b):

After "conditions" (second and third occurring) insert "in that period".

Paragraph 24(1) (c):

After "conditions" insert "in the past 12 months".

Sections 25 to 27 (inclusive):

Omit "Authority" (wherever occurring), substitute "Commission".

SCHEDULE 3—continued

After section 27:

Insert:

Directions to monitor prices, costs and profits of an industry or business

"27A.(1) The Minister may give the Commission a written direction:

    (a) to monitor prices, costs and profits relating to the supply of goods or services by persons in a specified industry and to report to the Minister on the monitoring at a specified time or at specified intervals within a specified period; or

    (b) to monitor prices, costs and profits relating to the supply of goods or services by a specified person and to report to the Minister on the monitoring at a specified time or at specified intervals within a specified period.

"(2) The Minister must not direct the Commission to monitor prices, costs and profits of a State or Territory authority that supplies goods or services unless the State or Territory concerned has agreed to the direction being given.

Report on monitoring

"27B.(1) The Commission must make copies of a report under paragraph 27A(1)(a) available for inspection by the public as soon as practicable after the Commission has given the report to the Minister.

"(2) In the case of a report under paragraph 27A(1)(b) relating to a person, the Commission must:

    (a) send the person a copy of the report on the day the Commission gives the report to the Minister; and

    (b) make copies of the report available for inspection by the public as soon as practicable after the person has received a copy of the report.".

Section 28:

Omit "Authority" (wherever occurring), substitute "Commission".

Section 29:

Repeal the section, substitute:

Delegation of some of the Commission's powers and functions under this Act

"29. The Commission may delegate to a member, by written instrument:

SCHEDULE 3—continued

    (a) the Commission's functions described in paragraph 17(1)(a) in relation to specified notices given to the Commission under paragraph 22(2)(a); and

    (b) the Commission's powers under subparagraphs 22(2)(b)(ii) and (iii) in relation to specified notices given to the Commission under paragraph 22(2)(a); and

    (c)