68ACompetition and Consumer Act and Competition Code

68A Competition and Consumer Act and Competition Code (1) For the purposes of the Competition and Consumer Act 2010 of the Commonwealth and the Competition Code, the following things are authorised by this Act— (a) the entering into an agreement by specified persons under which they disclose confidential information to one another for the purposes of being issued a specified authority or complying with conditions to which a specified authority is subject; (b) the entering into an agreement by VicGrid and a grid impact authority holder or a REZ scheme authority holder under which the operation of a facility connected to the declared transmission system is restricted; (c) the amendment of an agreement referred to in paragraph (a) or (b); (d) the giving effect to an agreement referred to in paragraph (a) or (b); (e) the conduct by VicGrid of a process (including a process under which expressions of interest are invited or a competitive tender process) for the purposes of issuing a REZ scheme authority; (f) the carrying out of early works (within the meaning of the Rules) by VicGrid, including the procurement by VicGrid of such works, for the purposes of augmentations of the declared shared network that will be procured by VicGrid; (g) the procurement of augmentations of the declared transmission system by VicGrid. ***agreement*** includes a contract, arrangement or understanding; ***giving effect to***, in relation to an agreement, includes— (a) complying with any obligation under the agreement; and (b) exercising or enforcing any right or power under the agreement; ***specified authority***, in relation to a specified person, means— (a) if the specified person is a grid impact authority applicant, the grid impact authority that may be issued to them under section 33B or 33E; or (b) if the specified person is a grid impact authority holder, the grid impact authority that they hold; or (c) if the specified person is a REZ scheme authority applicant, the REZ scheme authority that may be issued to them under section 33L or 33P; or (d) if the specified person is a REZ scheme authority holder—a REZ scheme authority that they hold; ***specified person*** means a grid impact authority applicant, a grid impact authority holder, a REZ scheme authority applicant or a REZ scheme authority holder. S. 68B inserted by No. 38/2025 s. 21.