Document ID: chunk:federal_register_of_legislation:C2010A00102:clause:3_44zzaab:p2
Version: federal_register_of_legislation:C2010A00102
Segment Type: clause
Provision Reference: sch 3 cl 44ZZAAB (pt 2/2)
Character Range: 81077–82066

consent to the revocation or variation of the fixed principle if it thinks it appropriate to do so having regard to the matters in subsection 44ZZA(3).
Note: Subsection 44ZZA(7) contains provision for fixed principles to be varied or revoked in the situation where there is an access undertaking in operation. This may include a variation of the fixed period for the fixed principle.

Alteration of fixed principles
 (8) If an undertaking that is accepted by the Commission contains one or more fixed principles, the undertaking is accepted on the basis that:
 (a) the principle may be varied or revoked under subsection (7) or 44ZZA(7); and
 (b) the principle may be cancelled, revoked, terminated or varied by or under later legislation; and
 (c) no compensation is payable if the principle is cancelled, revoked, terminated or varied as mentioned in any of the above paragraphs.
 (9) Subsection (8) does not, by implication, affect the interpretation of any other provision of this Act.