On 14 January 2022, NPP Australia Limited (NPPA) applied for revocation of authorisations A91560 and A91561, and substitution for a new authorisation for the suspension and termination provisions of the NPP Regulations for a further 5 years.
NPPA sought authorisation to continue to give effect to the NPP Regulations in respect of the suspension and termination provisions. On 5 April 2017, the ACCC granted authorisations A91560 and A91561 to the NPPA to give effect to these provisions until 27 April 2022. On the same date, the ACCC also granted authorisation A91562 in perpetuity, in respect of the NPP participant eligibility requirements and settlement provisions.
NPPA sought re-authorisation for an additional five years for the arrangements that were due to expire on 27 April 2022 – the suspension and termination provisions of the NPP Regulations.
On 24 March 2022 the ACCC issued a draft determination proposing to grant re- authorisation for 5 years. The ACCC also granted interim authorisation to enable NPPA to continue to give effect to the provisions while the ACCC completed its assessment of the application.
On 20 April 2022 the ACCC issued a final determination granting re-authorisation until 12 May 2027.
A copy of the ACCC’s decision is available below.
|Final Determination ( PDF 327.71 KB )||20 Apr 2022|
|Draft Determination and Interim Authorisation Decision ( PDF 332.82 KB )||24 Mar 2022|
|ACCC to Interested Parties re Draft Determination and Interim Authorisation Decision ( PDF 168.79 KB )||24 Mar 2022|
|ACCC to Interested Parties re Consultation Process ( PDF 192.92 KB )||20 Jan 2022|