Legislative Implications
40. These amendments will be implemented through the Regulatory Improvement Omnibus Bill and will require changes to the Commerce Act.
41. Proposals arising from the Review of the Clearance and Authorisation provisions (Part 5) of the Commerce Act were to be progressed through the Commerce Amendment Bill scheduled for introduction in 2008, which will also include proposals arising from the review of the regulatory provisions of the Commerce Act. The proposed change to the timeframes will mean that it is no longer possible to progress the Part 5 proposals through this mechanism. A request will be made to include a Bill in the 2008 legislative programme to progress the remaining proposals arising from the Part 5 review of the Commerce Act.
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