Commonwealth Consolidated Acts

COMPETITION AND CONSUMER ACT 2010 - SECT 151BG

  (1)   If:

  (a)   an exemption order is in force in relation to a person; and

  (b)   the Commission is satisfied that:

  (i)   the order was made on the basis of information that was false or misleading in a material particular; or

  (ii)   a condition to which the order is subject has been contravened; or

  (iii)   there has been a material change of circumstances since the order was made;

the Commission may revoke the order.

  (2)   The Commission must not revoke an exemption order unless the Commission has first:

  (a)   published a draft notice of revocation and invited people to make submissions to the Commission on the draft notice; and

  (b)   considered any submissions that were received within the time limit specified by the Commission when it published the draft notice.

  (3)   The Commission may make a further exemption order under section   151BA in substitution for the revoked order.

  (4)   If the Commission revokes an exemption order relating to a person, the Commission must give the person a written notice stating that the order has been revoked and setting out the reasons for the revocation.

  (5)   A revocation of an exemption order takes effect:

  (a)   at the time when notice of the revocation is given; or

  (b)   if a later time is specified in the notice of the revocation--at that later time.