Section 106 Federal Competition and Consumer Protection Act 2018

Section 106 of the Federal Competition and Consumer Protection Act 2018 is about Exemption of regulated industries. It is under Part XIII (Regulated Industries) of the Act.

(1) Whenever it is alleged that a prov1s1on of this Act has been contravened by an undertaking acting or operating within any regulated industry designated under section 105 of this Act, the undertaking against whom such allegation is made must demonstrate that the conduct in question was ordered or required by a regulatory agency possessing jurisdiction over that regulated industry.

(2) Where the undertaking against whom an allegation referred to in subsection (1) is made demonstrates that the conduct in question was ordered or required by a regulatory agency possessing jurisdiction over the regulated industry, the Commission may, subject to the agreement referred to in section 105, proceed with the issuance of a cease-and-desist order prohibiting the undertaking concerned from further violations of the provisions of this Act.