Requirement to make investigation and make pricing recommendation
9 Requirement to make investigation and make pricing recommendation
The Minister may assign a Commissioner to carry out an investigation into the prices charged by a declared GBE in a declared market—whether or not a pricing recommendation relevant to those prices is current.
If a declared GBE notifies its portfolio Minister of an intention to increase prices for services provided in a declared market and there is no current pricing recommendation relevant to those prices, the Minister must, at the request of the portfolio Minister, assign a Commissioner to carry out an investigation into the prices charged by the GBE in the declared market.
A Commissioner cannot be assigned to carry out an investigation into the prices charged by a GBE in a declared market if—
the Commissioner has a business or commercial relationship with the GBE (other than a relationship of a kind that is common to a substantial section of the public); or
the Commissioner is, for some other reason, subject to influence or control by the GBE.
A Commissioner assigned to carry out an investigation under this section must—
carry out an investigation to enable the Commissioner to make a pricing recommendation about the prices to be charged by a declared GBE for services provided in the declared market; and
provide a report on the investigation (including a pricing recommendation) within a period fixed by the Minister.
This Act’s bill:Second reading speech
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