Western Australian Consolidated Acts Western Australian Consolidated Acts (1) The Commission may
serve on each party to a controlled contract a notice in writing giving the
party an opportunity to show cause in writing within a period of 14 days
after the date of that service why the contract should not be terminated on
the ground that it is not in the public interest for the contract to remain in
force.
(2) The notice shall
specify the reasons why the Commission considers that it is not in the public
interest for the contract to remain in force.
(3) A person served
with a notice under subsection (1) may, within the period referred to in
that subsection, serve on the Commission submissions in writing showing cause
why the contract should not be terminated.
(4) After receiving
and considering any submissions served under subsection (3) within the
period referred to in subsection (1) or, if no submission is so served,
within a period of 21 days after having served the later or last of the
relevant notices, as the case requires, under subsection (1), the
Commission may serve notice in writing on each party to the contract requiring
the contract to be terminated within a period specified in the notice.
(5) If the contract is
not terminated within the period specified in the notice, it is terminated at
the expiry of that period by force of this subsection.
[Section 29C inserted by No. 24 of 1998
s. 27.]