COMPETITION AND CONSUMER ACT 2010 - SECT 56AT Participating government entities of a State or Territory--revocation

COMPETITION AND CONSUMER ACT 2010 - SECT 56AT

  (1)   The Minister may, by notifiable instrument, revoke a declaration made under subsection   56AS(1) that an entity is a participating entity for a State or Territory.

  (2)   If a State or Territory requests in writing the Minister to revoke a declaration made under subsection   56AS(1) that an entity is a participating entity for the State or Territory, the Minister must, under subsection   (1) of this section, revoke the declaration as soon as practicable.

  (3)   If the Minister revokes a declaration made under subsection   56AS(1) in relation to an entity, then, despite the revocation, subsection   56AR(2) continues to apply to the entity in relation to:

  (a)   any right, privilege, obligation or liability acquired, accrued or incurred before the revocation; and

  (b)   any investigation, legal proceeding or remedy in respect of any such right, privilege, obligation or liability;

as if the declaration were still in force.