45Competition exemption

45 Competition exemption

45 Competition exemption

(1) The following are specifically authorised for the purposes of the Competition and Consumer Act 2010 of the Commonwealth and the Competition Code of New South Wales—

(a) a Scheme administration agreement and any Scheme arrangement,

(b) the entering into or making of a Scheme administration agreement or Scheme arrangement,

(c) conduct of the parties to a Scheme administration agreement or Scheme arrangement in negotiating the agreement or arrangement,

(d) the grant or refusal of a container approval,

(e) conduct authorised or required by or under the terms or conditions of a Scheme administration agreement, Scheme arrangement or container approval.

(2) Anything authorised to be done by this section is authorised only to the extent that it would otherwise contravene Part IV of the Competition and Consumer Act 2010 of the Commonwealth or the Competition Code of New South Wales.

pt 5, div 4 (ss 45–48): Ins 2016 No 57, Sch 1 [3].