Transitional Period from 1 January 2006 to 30 June 2006
Parties to agreements which were made on or before 31 July 2005, will automatically be given a period from 1 January 2006 to 30 June 2006 ("transitional period") to review their agreements and where necessary, renegotiate or amend their agreements or otherwise comply with the requirements of the section 34 prohibition. Should the CCS subsequently determine that the agreement infringes the section 34 prohibition, the CCS will not impose a financial penalty on the parties in respect of any infringement of the section 34 prohibition by the agreement during this 6-month transitional period.
More information
You should refer to the CCS Guideline on Transitional Arrangements for more information on the transitional period and application for an extension of transitional period.