Document ID: chunk:federal_register_of_legislation:C2024C00742:section:151u
Version: federal_register_of_legislation:C2024C00742
Segment Type: section
Provision Reference: s 151U
Character Range: 354504–355266

151U  Consultation—acceptance or rejection of variation

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

Consultation
 (2) Before making a decision to accept or reject the variation, the ACCC must:
 (a) publish on the ACCC's website a notice:
 (i) setting out the variation; and
 (ii) inviting persons to make submissions to the ACCC about the variation within the time limit specified in the notice; and
 (b) consider any submissions received within the time limit specified in the notice.
 (3) The time limit must not be shorter than 15 business days after the notice is published.