Prices Justification Act 1973

Subject to this section, where the Tribunal is required by the Minister, or decides on its own initiative, to hold an inquiry as to whether the price at which a company to which this Act applies supplies or proposes to supply goods or services of a particular description is justified, the Tribunal shall—

serve notice in writing on the company concerned stating that the Tribunal intends to hold the inquiry;

before commencing to hold an inquiry, give reasonable notice in each State and in the Australian Capital Territory and the Northern Territory, by advertisement published in the Gazette and in a newspaper circulating in the State or Territory, of its intention to hold the inquiry, the matter that is the subject of the inquiry and the time and place at which the inquiry is to be commenced; and

complete the inquiry and furnish a report to the Minister within three months from the date on which the notice is served on the company in accordance with paragraph (a).

If the Tribunal is of the opinion that the company has failed to provide the Tribunal with sufficient information to enable the Tribunal to complete its inquiry and report within the period referred to in paragraph (1)(c) or within any further period or periods specified in any other notice or notices served on the company in pursuance of this sub-section, the Tribunal shall serve notice in writing on the company stating that the Tribunal is of that opinion and that, it requires a further period specified in the notice within which to complete its inquiry and report.