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Commerce (Grocery Sector Covenants) Amendment Bill

Introduced on May 19 under Urgency. The bill amends the Commerce Act adding a new section 28A that will apply to covenants that have the purpose or effect of impeding the development of land or the use of a site for a grocery retail store, deeming such covenants as having the purpose or effect of substantially reducing competition in the relevant market. Referred to the Economic Development, Science and Innovation Committee. Reported back on June 16 with minor changes. Second reading June 21, committee stage June 23 and third reading on June 28 with all parties in agreement.

Commerce (Grocery Sector Covenants) Amendment Bill