Review of related agreements
151 Review of related agreements
The chief executive may, by written notice given to a licensed provider, require the licensed provider to give to the chief executive, within the time stated in the notice—
the information stated in the notice about a related agreement to which the licensed provider is a party; and
if the agreement is in writing—a copy of the agreement.
Without limiting subsection (1), the information the chief executive may require to be given about a related agreement includes the following—
the names of the parties;
a description of any property, goods or other things, or any services, supplied or to be supplied;
the value or nature of the consideration;
the term of the agreement.
The licensed provider must comply with the requirement within the time stated in the notice, unless the licensed provider has a reasonable excuse.
This Act’s bill:Explanatory memorandum
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