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COMMONWEALTHAct
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s 15K

Initial offer

In force
Part 3Agreements spanning 1 July 2000
Division 2Agreements also spanning 1 July 2005
Subdivision CArbitrated offers

15K Initial offer

(1)

The initial offer:

(a)

must be in writing; and

(b)

must set out a change to the consideration for the supplies; and

(c)

must state the period (the initial offer period) for which the offer remains open.

(2)

The initial offer period must be a period of at least 28 days after the supplier gives the initial offer to the recipient.

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