Proposed undertaking22 Sep 2010

On 22 September 2010, GrainCorp lodged a proposed access undertaking for its port terminal services with the ACCC for assessment under section 44ZZA of the Trade Practices Act 1974 (known as the Competition and Consumer Act 2010 (CCA) from 1 January 2011).

GrainCorp provided the ACCC with a revised Proposed 2011 Undertaking on 31 January 2011 which contained technical amendments to the Undertaking lodged on 22 September 2010.

GrainCorp revised Undertaking

GrainCorp provided the ACCC with a revised Proposed 2011 Undertaking on 31 January 2011 which contains technical amendments to the Undertaking lodged on 22 September 2010.

The amendments were made to recognise the change in the title of the TPA to the CCA and to allow for continuing enforceability of the undertaking should the legislative provisions in the Wheat Exports Marketing Act 2008 change.

The ACCC did not treat this as a withdrawal and re-lodgement of GrainCorp’s Proposed 2011 Undertaking and did not restart the clock for the purposes of the time limits for the ACCC’s decision.