Commonwealth Consolidated Acts

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COMPETITION AND CONSUMER ACT 2010 - SECT 153A

Simplified outline of this Part

This Part deals with prohibited conduct by corporations in relation to electricity. It ceases to be in force on 1   January 2026.

Division   2 of this Part sets out the circumstances in which a corporation engages in prohibited conduct .

Responses to a corporation engaging in prohibited conduct include the following:

  (a)   the Commission may issue a public warning notice;

  (b)   the Commission may give the corporation an infringement notice;

  (c)   the Commission may give the corporation a prohibited conduct notice that sets out proposed orders (and the Commission may later give the Treasurer a prohibited conduct recommendation that recommends orders);

  (d)   if the Commission has given the Treasurer a prohibited conduct recommendation, the Treasurer may:

    (i) make a contracting order that requires making offers to enter into electricity financial contracts; and

    (ii) apply to the Court for a divestiture order that requires divestment of interests in assets and securities.



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