From: Adjudication

Sent: Friday, 30 January 2015 10:40 AM

To: 'youngp@stgeorge.com.au'

Subject: Third line forcing notification N98100 lodged by Westpac Banking Corporation [DLM=For-Official-Use-Only]

Security Classification: UNCLASSIFIED For Official Use Only

Dear Mr Young

I refer to the third line forcing notification lodged with the Australian Competition and Consumer Commission (the ACCC) by Westpac Banking Corporation on 27 January 2015.  It has been allocated the registration number N98100. The notification and this email will be placed on the ACCC’s public register which is available on the ACCC’s website.

The protection from legal action provided by the notification commences automatically 14 days after the lodgement date, unless the ACCC objects.

On the basis of the information that you have provided, and that the parties will disclose all relevant terms and conditions to customers, the ACCC does not object to the notification at this time.

If at any time circumstances change, or the ACCC receives further information, such that it is satisfied that the public benefits from the third line forcing conduct do not outweigh the public detriments, the ACCC may remove the protection provided by the notification.

Please contact Tess Macrae on (03) 9290 1835 or by email to adjudication@accc.gov.au if you have any questions about this matter.

Regards

Mr Rami Greiss
Executive General Manager | Merger & Authorisation Review Division
Australian Competition & Consumer Commission
23 Marcus Clarke Street Canberra 2601 | http://www.accc.gov.au