65B Effect of clearance under section 65A

The effect of a clearance given under section 65A is that—

(a)

a party to the contract, arrangement, or understanding to which the clearance relates does not contravene section 27 or 30 by entering into the contract or arrangement, or arriving at the understanding; and

(b)

a person does not contravene section 27 or 30 by giving effect to any cartel provision in the contract, arrangement, or understanding to which the clearance relates; and

(c)

section 30C(1) does not apply to any cartel provision in the contract, arrangement, or understanding.

Section 65B: inserted, on 15 August 2017, by section 17 of the Commerce (Cartels and Other Matters) Amendment Act 2017 (2017 No 40).