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.
ACCC instituted proceedings concerning alleged boycott activity by the Guild and some members.
The case was settled with some admissions, injunctions and undertakings.
The undertakings provide that the Guild and executive attend compliance seminar concerning part IV of TPA.