The ACCC and ASIC have jointly produced this guideline which aims to assist creditors, collectors and debtors understand their rights and obligations, and ensure that debt collection activity is undertaken in a way that is consistent with consumer protection laws.
The Part IIIA access undertaking guidelines provide information on submitting, varying or withdrawing an access undertaking pursuant to Part IIIA of the Competition and Consumer Act 2010.
The ACCC reviews mergers and acquisitions to determine whether they are likely to substantially lessen competition, with the aim of ensuring that markets work well for consumers.
This report summarises the major issues identified during information-gathering activities undertaken by both the Australian Competition and Consumer Commission (ACCC) and the Australian Securities and Investments Commission (ASIC) in 2008.
This guide was published prior to the commencement of legislative amendments to Part IIIA which took effect in 2006 and 2010. It should be read in conjunction with Part IIIA as it is currently enacted, and parties contemplating notifying an access dispute should contact the ACCC in the first instance.
