ABSTRACT
WHEREAS the Council of Australian Governments at its meeting in Hobart on 25 February 1994 agreed to the principles of competition policy articulated in the report of the National Competition Policy Review;
AND WHEREAS the Parties intend to achieve and maintain constant and complementary competition laws and policies which will apply to all businesses in Australia regardless of ownership;
THE COMMONWEALTH OF AUSTRALIA THE STATE OF NEW SOUTH WALES THE STATE OF VICTORIA THE STATE OF QUEENSLAND THE STATE OF WESTERN AUSTRALIA THE STATE OF SOUTH AUSTRALIA THE STATE OF TASMANIA THE AUSTRALIAN CAPITAL TERRITORY, AND THE NORTHERN TERRITORY OF AUSTRALIA agree as follows:
Interpretation
1.(1) In this Agreement, unless the context indicates otherwise:
“Commission” means the Australian Competition and Consumer Commission established by the Trade Practices Act;
“Commonwealth Minister” means the Commonwealth Minister responsible for competition policy;
“constitutional trade or commerce” means: (a) trade or commerce among the States; (b) trade or commerce between a State and a Territory or between two
Territories; or (c) trade or commerce between Australia and a place outside Australia;
“Council” means the National Competition Council established by the Trade Practices Act;
“jurisdiction” means the Commonwealth, a State, the Australian Capital Territory or the Northern Territory of Australia;
“Party” means a jurisdiction that has executed, and has not withdrawn from, this Agreement;
“Trade Practices Act” means the Trade Practices Act 1974.
