Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If a person gives the Commission a locality notice, the person may give the Commission one or more further notices in writing stating that the locality notice is to have effect as if there were substituted for the proposed price another specified price.
(2) A price specified in a notice under subsection (1) must be:
(a) less than the proposed price; and
(b) less than the price specified in any previous notice under that subsection in relation to the locality notice.
(3) If a notice is given under subsection (1), the locality notice has effect accordingly.
(4) In this section:
"proposed price" has the meaning given by subsection 95Z(5).