Competition and Consumer Act 2010

If the Commission has given a corporation a prohibited conduct notice, the Commission must, within 45 days after the end of the period mentioned in subsection (3), give the Treasurer:

a prohibited conduct recommendation in respect of the prohibited conduct notice; or

a no Treasurer action notice in respect of the prohibited conduct notice.

Subsection (1) does not apply if the prohibited conduct notice has been revoked under section 153Q.

The period is:

unless paragraph (b) applies—the period mentioned in subsection 153P(3) for the prohibited conduct notice; or

if there has been a variation of the prohibited conduct notice under section 153Q—the period mentioned in subsection 153Q(3) for the variation.

Subsection (5) applies if:

the Commission has given the Treasurer a no Treasurer action notice in respect of the prohibited conduct notice, in accordance with paragraph (1)(b); and

the Commission has made a revocation of the no Treasurer action notice under subsection 153V(1).

The Commission must, within 45 days after making the revocation:

give the Treasurer a prohibited conduct recommendation in respect of the prohibited conduct notice; or

give the corporation a new prohibited conduct notice in respect of the prohibited conduct identified in the prohibited conduct notice (in accordance with subparagraph 153P(2)(c)(ii)).