Treasury Laws Amendment (2019 Measures No. 3) Act 2020 (64 of 2020)

Schedule 3   Miscellaneous amendments

Part 1   Amendments commencing day after Royal Assent

Competition and Consumer Act 2010

11   Subsection 19(2)

Repeal the subsection, substitute:

(2) Without limiting subsection 33(3AB) of the Acts Interpretation Act 1901, a direction may:

(a) specify a particular matter in relation to which the Division is to exercise the powers of the Commission; or

(b) specify a class of matters in relation to which the Division is to exercise the powers of the Commission from time to time.

(2A) The Chairperson may vary or revoke a direction:

(a) if the direction specifies a particular matter under paragraph (2)(a) - at any time before the Division makes a determination in relation to the matter; or

(b) otherwise - at any time.

(2B) If a direction is varied to change the membership of the Division, the Division as constituted after the change may continue and complete the determination of any matter that the Division was dealing with before the change.