Trade Practices Legislation Amendment Act (No. 1) 2007 (Cth)

Trade Practices Legislation Amendment Act (No. 1) 2007

No. 159, 2007

An Act to amend the Trade Practices Act 1974, and for related purposes

Contents 1 Short title 2 Commencement 3 Schedule(s)

Schedule 1—Deputy Chairpersons Trade Practices Act 1974

Schedule 2—Misuse of market power

Part 1—Amendment of the Trade Practices Act 1974

Part 2—Application provisions

Schedule 3—Unconscionable conduct Australian Securities and Investments Commission Act 2001 Trade Practices Act 1974

Trade Practices Legislation Amendment Act (No. 1) 2007

No. 159, 2007

An Act to amend the Trade Practices Act 1974, and for related purposes

[Assented to 24 September 2007]

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Trade Practices Legislation Amendment Act (No. 1) 2007.

2 Commencement

This Act commences on the day after it receives the Royal Assent.

3 Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Deputy Chairpersons

Trade Practices Act 1974

1 Subsection 4(1) (definition of Deputy Chairperson) Omit "the Deputy Chairperson", substitute "a Deputy Chairperson".

2 Subsection 10(1) Omit "the Deputy Chairperson", substitute "a Deputy Chairperson".

Note: The heading to section 10 is replaced by the heading "Deputy Chairpersons".

3 Subsection 10(1A) Omit "the Deputy Chairperson", substitute "a Deputy Chairperson".

4 No effect on existing appointment The amendments made by items 2 and 3 of this Schedule do not affect the validity of an appointment under subsection 10(1) of the Trade Practices Act 1974 that is in force immediately before the commencement of this item.

5 Subsection 10(4) Omit "The Deputy Chairperson", substitute "A Deputy Chairperson".