Section 89 Federal Competition and Consumer Protection Act 2018
Section 89 of the Federal Competition and Consumer Protection Act 2018 is about Commission to report to the President on price regulation. It is under Part XI (Price Regulation) of the Act.
(1) The President may, by notice in writing, require the Commission to report by such date as the President shall specify in the notice, on the need to amend, vary or revoke an order made under section 88 of this Act.
(2) Upon the issuance of a notice to the Commission under subsection (1 )-
(a) the Commission shall cause to be published in such manner as the Commission may consider appropriate, including the mass media, a notice-
(i) stating that the requirement has been made and specifying the matter to which it pertains, and
(ii) inviting interested persons to present their views on that matter to the Commission, and specifying the time
and manner within which they may do so; and
(b) the Commission shall not submit a report to the President until it has given a reasonable opportunity to interested persons to furnish their views in accordance with the requirement of paragraph (a) (ii).
(3) The Commission may at its discretion recommend to the President to amend, vary or revoke an order made under section 88 of this Act.
(4) The President shall cause a copy of every report submitted by the Commission under this section to be published in such manner as it considers appropriate.
