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Cash Services Australia Pty Limited


Company or individual details
  • Cash Services Australia Pty Limited

    ACN: 092 486 827
    ABN:
    ARBN:
Undertaking date 23rd November 2005
Undertaking

The undertaking extends CSA's 2001 undertaking with the following alterations:

  • provides that the National Australia Bank Limited (NAB) has acquired a 25% equity in CSA;
  • the undertaking will remain current for as long as the ACCC considers it necessary to address competition concerns;
  • that CSA will not commence trading in wholesale cash either in its own right or as an agent for any owner of wholesale cash without first giving the ACCC four weeks notice; and
  • that CSA will not accept NAB as a member for the purposes of acquiring armoured carrier services without first giving the ACCC four weeks notice

NAB has also given the ACCC an informal undertaking that it will not acquire armoured carrier services from CSA without first giving the ACCC six weeks notice

TRIM document number D06/2512
Section ss. 45, 50 & 87B
Attachments

Variations

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