From:                                         Adjudication

Sent:                                           Thursday, 28 September 2017 4:16 PM

To:                                               Chanura.Jayasinghe@anz.com

Subject:                                     Third Line Forcing Notification N99909 lodged by Australia and New Zealand Banking Group Limited [SEC=UNCLASSIFIED]

 

Security Classification:       UNCLASSIFIED

 

Dear Ms Jayasinghe

I refer to the third line forcing notification lodged with the Australian Competition and Consumer Commission (the ACCC) by Australia and New Zealand Banking Group Limited on 22 September 2017. It has been allocated the registration number N99909. 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 Jaime Martin on 03 9290 1477 or by email to adjudication@accc.gov.au if you have any questions about this matter.

 

Regards

 

David Jones
General Manager | Adjudication
Australian Competition & Consumer Commission
23 Marcus Clarke Street Canberra 2601 |
http://www.accc.gov.au