Application to extend and vary28 Jul 2014

GrainCorp applied to the ACCC to extend the operation of its 2011 undertaking until the earlier of 30 September 2015 or such a time as it is no longer required to have an access undertaking accepted by the ACCC (for instance, upon the anticipated commencement of a mandatory code of conduct on 1 October 2014).

GrainCorp also applied to make certain variations to its 2011 undertaking, including:

  • the inclusion of an early expiry clause that would allow the undertaking to expire earlier than 30 September 2015 if a mandatory code of conduct comes into effect
  • an amendment to the definition of a mandatory code of conduct.

Aside from these changes, the exisiting 2011 undertaking was unchanged by GrainCorp's application.