From:                                         Adjudication

Sent:                                           Monday, 11 April 2016 1:54 PM

To:                                               'Wayne.Leach@au.kwm.com'

Subject:                                     Third line forcing notifications N99011 & N99012 lodged by PPS Mutual Limited & Ors [DLM=For-Official-Use-Only]

 

Security Classification:       For Official Use Only

 

Dear Mr Leach

I refer to the third line forcing notifications lodged with the Australian Competition and Consumer Commission (the ACCC) by PPS Mutual Limited and NobleOak Life Limited on 1 April 2016. They have been allocated the registration numbers N99011 and N99012. The notifications 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 notifications 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 notifications 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 notifications.

Please contact Hannah Ransom on 02 6243 1255 or by email to adjudication@accc.gov.au if you have any questions about this matter.

Regards

 

Baethan Mullen
Acting General Manager | Adjudication
Australian Competition & Consumer Commission
23 Marcus Clarke St, Canberra, 2600 |
http://www.accc.gov.au

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