His Excellency the Governor, with the advice of the Executive Council, has made the following Regulation under the Competition Policy Reform (New South Wales) Act 1995.
Bob CarrPremier
1 Name of Regulation
This Regulation is the Competition Policy Reform (New South Wales) Savings and Transitional Regulation 1996.
2 Definitions
In this Regulation:commencement date means the date of commencement of Parts 2–6 of the State Act.Commonwealth Act means the Trade Practices Act 1974 of the Commonwealth.State Act means the Competition Policy Reform (New South Wales) Act 1995.
3 Existing authorisations
(1) If an authorisation granted under the Commonwealth Act is in force immediately before the commencement date, a corresponding authorisation is taken to have been also granted under the Competition Code.(2) Such a corresponding authorisation has the same effect for the purposes of the Competition Code as the firstmentioned authorisation has for the purposes of the Commonwealth Act, and may be amended, revoked or otherwise dealt with under the Competition Code.(3) This clause does not apply in relation to an authorisation granted under the Commonwealth Act if an authorisation in the same or substantially the same terms has already been granted as referred to in section 44 of the State Act.
4 Existing notifications
(1) If a notice given under section 93 of the Commonwealth Act is in force immediately before the commencement date, a corresponding notice is taken to have been also given under section 93 of the Competition Code.(2) Such a corresponding notice has the same effect for the purposes of the Competition Code as the firstmentioned notice has for the purposes of the Commonwealth Act, and may be withdrawn or otherwise dealt with under the Competition Code.(3) This clause does not apply in relation to a notice given under section 93 of the Commonwealth Act if a notice in the same or substantially the same terms has already been given as referred to in section 44 of the State Act.(4) This clause applies to a notice given under section 93 (3) of the Commonwealth Act, as well as to a notice given under section 93 (1) of that Act.