Section 85 Federal Competition and Consumer Protection Act 2018
Section 85 of the Federal Competition and Consumer Protection Act 2018 is about Timeframe for a report on a monopoly investigation. It is under Part X (Monopoly) of the Act.
(1) Upon the commencement of a monopoly investigation under this Part, the Commission shall specify a period ·within which the Commission is to report on the monopoly investigation.
(2) Where a report of the Commission is not made before the end of the period specified by the Commission under subsection (1) or if one or more extended periods allowed for making the report under subsection (3) is not met before the end of that extended period or of the last of those extended periods, as the case may be, the investigation shall cease to have effect and no action or, if action has already been taken, no further action shall be taken in relation to that investigation.
(3) Where a monopoly investigation cuts across the sphere of responsibilities of more than one Minister and the period of reporting on an investigation has already been extended once or more than once under any direction issued under this subsection, a joint directive of all the Ministers concerned may be issued allowing the Commission such extended period to report on the reference as may be specified in the direction.
