Commonwealth Consolidated Regulations

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COMPETITION AND CONSUMER REGULATIONS 2010 - REG 42

Notice of the happening of an affecting event

             (1)  A notice under section 10.40 or 10.43 of the Act of the happening of an affecting event must:

                     (a)  be in accordance with Form 4 in Schedule 3; and

                     (b)  in the case of a notice under section 10.40 of the Act--be given to the Registrar as soon as practicable after a party to the conference becomes aware of the event; and

                     (c)  in the case of a notice under section 10.43 of the Act--be given to the Registrar within 30 days after a party to the conference agreement becomes aware of the event.

             (2)  The following particulars are specified for the purposes of Form 4:

                     (a)  the date of the happening of the event;

                     (b)  whether subparagraph 10.40(1)(b)(i) or (ii) applies to the event;

                     (c)  details of the happening of the event;

                     (d)  the effect of the event on the operation of the agreement;

                     (e)  for an outwards conference agreement--the effect of the event on the provision of outwards liner cargo shipping services;

                      (f)  for an inwards conference agreement--the effect of the event on the provision of inwards liner cargo shipping services.



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