In forceAmended2020 Revised Edition

Contents

Postal Services Act 1999 · 2020 Revised Edition · Part 4A · Control Over Designated Postal Licensees

26C. Power to issue code of practice relating to control of designated postal licensee

Amended

Last amended by an amending law of 2007.

(1)

Without limiting section 24, the Postal Authority may issue a code of practice under that section which specifies such matters as are generally necessary for carrying out the purposes and provisions of this Part and for the due administration thereof.

(2)

Without limiting subsection (1), the Postal Authority may specify in the code of practice —

(a)

the circumstances under which a person would be considered to have entered into a consolidation with a designated postal licensee;

(b)

the categories of persons that must obtain the prior written approval of the Postal Authority for —

(i)

any consolidation with a designated postal licensee; or

(ii)

an acquisition of the business of a designated postal licensee or part thereof;

(c)

the duties and obligations of a designated postal licensee and a person acquiring the business or part thereof as a going concern, holding any voting shares or controlling the voting power of a designated postal licensee;

(d)

the rules and procedures that a designated postal licensee and a person acquiring the business or part thereof as a going concern, holding any voting shares or controlling the voting power of a designated postal licensee must comply with; and

(e)

the terms and conditions which the Postal Authority may impose in granting any written approval under section 26B.