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Court dismisses ACCC case against NSW Ports


Date Time
Court dismisses ACCC case against NSW Ports
The Federal Court has dismissed the ACCC’s proceedings against NSW Ports Operations Hold Co Pty Ltd and its subsidiaries Port Botany Operations Pty Ltd and Port Kembla Operations Pty Ltd (together: NSW Ports).
The proceedings concerned agreements, known as Port Commitment Deeds, which were entered into as part of the privatisation of Port Botany and Port Kembla by the NSW Government in May 2013, for a term of 50 years.
The Botany and Kembla Port Commitment Deeds oblige the State of NSW to compensate the operators of Port Botany and Port Kembla if container traffic at the Port of Newcastle is above a minimal specified cap. ....

State Of New South Wales , New South Wales , Port Of Newcastle , Port Kembla , Port Botany , Rod Sims , Port Kembla Operations Pty Ltd , Port Botany Operations Pty Ltd , Ports Operations Hold Co Pty Ltd , Federal Court , Operations Hold Co Pty Ltd , Port Commitment Deeds , Kembla Port Commitment Deeds , Kembla Port Commitment , Newcastle Deed , நிலை ஆஃப் புதியது தெற்கு வேல்ஸ் , புதியது தெற்கு வேல்ஸ் , போர்த் ஆஃப் நியூகேஸில் , போர்த் கேம்பிள , போர்த் தாவரவியல் , தடி சிம்ஸ் , கூட்டாட்சியின் நீதிமன்றம் ,