Section 147 Federal Competition and Consumer Protection Act 2018
Section 147 of the Federal Competition and Consumer Protection Act 2018 is about Conclusion by industry sector regulator. It is under Part XVII (Enforcement of Consumers’ Rights) of the Act.
Where an industry sector regulator concludes that there is no reasonable probability of the parties resolving their dispute through the process provided for in the relevant industry code, the industry sector regulator may terminate the process by notice to the parties and the party who referred the matter to the industry sector regulator may then file a complaint with the Commission.
