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COMPETITION AND CONSUMER ACT 2010 - SECT 95K Period for completing inquiry

COMPETITION AND CONSUMER ACT 2010 - SECT 95K

Period for completing inquiry

Inquiry period

  (1)   An inquiry notice must specify the period within which the inquiry is to be completed and a report on the inquiry is to be given to the Minister.

  (2)   The inquiry body must complete the inquiry and give the report to the Minister within that period.

Extensions

  (3)   The Minister may, before the end of the completion period, extend or further extend that period by notice in writing given to the inquiry Chair.

Example:   A notice under subsection   (1) specifies that an inquiry is to be completed and a report given by 1   August.

  On 30   July the Minister gives a notice under subsection   (3) extending the deadline to 8   August.

  On 6   August the Minister gives another notice under subsection   (3) further extending the deadline to 12   August.

  (4)   If the Minister does so, the inquiry body must complete the inquiry and give its report within the completion period as so extended or further extended.

  (5)   In this section:

"completion period" means the period within which the inquiry body is required by this section to complete an inquiry and to give its report on the inquiry.