Document ID: chunk:federal_register_of_legislation:C2004C01246:clause:2_12ia
Version: federal_register_of_legislation:C2004C01246
Segment Type: clause
Provision Reference: sch 2 cl 12IA
Character Range: 128121–128871

12IA  Conduct engaged in in relation to financial services before commencement

 (1) If:
 (a) conduct was, or may have been, engaged in in relation to financial services before the commencement of this Division; and
 (b) the conduct contravened, or may have contravened, Part IVA or V of the Trade Practices Act 1974; and
 (c) if the conduct had been engaged in after the commencement of this Division it would have, or may have, contravened this Division;
the Commission has, by virtue of this section, the same powers under the Trade Practices Act 1974 in relation to the conduct as the Australian Competition and Consumer Commission.

 (2) The Commission's power of delegation under section 102 extends to the powers it has under subsection (1).