Australian Capital Territory Numbered Acts

INDEPENDENT COMPETITION AND REGULATORY COMMISSION AMENDMENT ACT 2016 (NO. 34 OF 2016) - SECT 28

Section 24S (1) (a) and (b)

substitute

        (a)     if the panel substitutes a new direction for the price direction under review—the day (or days) the substituted direction comes into effect; or

        (b)     if the panel confirms the price direction under review—the day the report of the review is presented to the Legislative Assembly (under section 24U (Functions of commission)); or

        (c)     if the panel sets aside the price direction under review and remits the matter back to the commission to make a new price direction—the day the new price direction comes into effect.