Australia: NCC review of Sections 51(2) and (3) of the 1974 Trade Practices Act
Saturday, 1 August 1998
Featured In: August / September 1998 (Vol. 1 Iss. 4)
The NCC is currently undertaking a review of Sections 51 (2) and 52 (3) of the Trade Practices Act 1974 (Cth). These sections provide certain exemptions from the competition laws contained in Part IV of the Act. The exemptions will only be retained if the benefits to the community as a whole outweigh the costs, and if the objectives of the Act cannot be achieved more efficiently through other means.
Gaire Blunt/Jenny Zaverdinos
Allen Allen & Hemsley
Sydney
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