Summary
Amends: the Trade Practices Act 1974 to: clarify the ability of State and Territory access regimes to confer duties upon the Australian Competition and Consumer Commission (ACCC) and the Australian Competition Tribunal (ACT) and the conditions under which a law of a State or Territory may confer functions, powers and duties upon the ACCC or ACT. Also repeals the Prices Surveillance Act 1983 and replaces it with a new part in the Trade Practices Act 1974 which preserves the existing prices surveillance powers; and provides for a body other than the ACCC to hold a price inquiry; amends the: Airports Act 1996, Air Services Act 1995, Australian Maritime Safety Authority Act 1990 and Australia Postal Corporation Act 1989 to make consequential amendments; Australian Crime Commission Act 2002 and Australian Postal Corporation Act 1989 to delete redundant references; and contains transitional provisions.