39Notice to show cause why controlled contract should not be terminated

#### 39 Notice to show cause why controlled contract should not be terminated 39 Notice to show cause why controlled contract should not be terminated > > (1) The NICC may serve on each party to a controlled contract a notice in writing affording the party an opportunity to show cause within 14 days why the contract should not be terminated on the ground that it is not in the public interest for the contract to remain in force. > > > (2) The notice is to specify the reasons why it is considered that it is not in the public interest for the contract to remain in force. > > > (3) A party to the contract may, within the period specified in the notice, arrange with the NICC for the making of submissions as to why the contract should not be terminated. > > > (4) After considering any submissions so made, the NICC may, by notice in writing served on each party to the contract, require the contract to be terminated within a time specified in the notice. > > > (5) If the contract is not terminated as required by the notice it is terminated by force of this section.