Toll Holdings Ltd - variation - s.87B undertaking

Fourth variation to the undertakings given by Toll Holdings Ltd to the ACCC on 11 March 2006 accepted by the ACCC on 13 December 2006.

A procedural variation which amends the Initial Sale Period for the divestment of a 50% interest in Pacific National (PN) while market inquiries are being made in relation to Toll's request to have its obligation to divest that 50% interest waived.

In granting this procedural variation the ACCC has not formed a view as to whether Toll's substantive obligation to divest the 50% interest should be waived.