Review of Code
12 Review of Code
The Regulator must carry out a review of the Code as soon as is practicable after —
the third anniversary of its commencement; and
the expiry of each 5 yearly interval after that anniversary.
The purpose of a review is to assess the suitability of the provisions of the Code to give effect to the Competition Principles Agreement in respect of railways to which the Code applies.
Before carrying out a review of the Code, the Regulator must call for public comment in accordance with subsection (4).
The Regulator must —
cause notice of the review to be published, in one issue of —
a daily newspaper circulating throughout the Commonwealth; and
a daily newspaper circulating throughout the State;
and
include in the notice —
a statement that written submissions on the Code may be made to the Regulator by any person within a specified period; and
the address to which the submissions may be delivered or posted.
The period specified under subsection (4)(b)(i) is not to be less than 30 days after both of the notices under subsection (4)(a) have been published.
The Regulator must prepare a report based on the review and give it to the Minister.
[Section 12 amended: No. 13 of 2000 s. 70.]
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