Description of Conduct
On 2 April 2020, Scentre Group and the Shopping Centre Council of Australia (SCCA) (the Applicants) applied for authorisation on behalf of themselves and SCCA members to take urgent industry wide action to assist small and medium enterprise (SME) tenants adversely financially impacted by the outbreak of COVID-19
Further detail is contained in the application for authorisation, linked below.
On 3 April 2020, the ACCC granted conditional interim authorisation to enable the Applicants to discuss, share information, and agree and give effect to contracts, arrangements or understandings to benefit their SME tenants, which have the purpose of providing rent relief to SME tenants, including through the deferment or amelioration of the payments or rent and other payments which tenants might otherwise be obliged to pay to SCCA members. The condition requires the Applicants to notify the ACCC of any proposed rent relief measures not less than 24 hours before the measure is implemented.
On 19 May 2020, the ACCC revoked the interim authorisation granted to the SCCA under the application for authorisation AA1000489.
SCCA’s authorisation application withdrawal document can be found below.
- Shopping Centre Council of Australia Limited
- Scentre Group
|Revocation of Interim Authorisation|
|Interim Authorisation Decision|
|ACCC to Interested Parties re Consultation Process|