Ramsay Health Care Limited - variation - s.87B undertaking

The attached document varies the undertaking accepted by the ACCC on 13 April 2005.

Primarily the variation:

• requires the CEO of each divestiture hospital to provide a Ramsay Manager approved by the ACCC with 'equivalent periodic reporting information' as was provided to Affinity senior management pre-acquisition;
• allows the Ramsay Manager to intervene in the management of a divestiture hospital if, and only to the extent that, he believes intervention is necessary to preserve the value or effective operation of that business; and
• allows Ramsay to retain North West Hospital in Brisbane