DBCT Management's November 2015 ring-fencing DAAU

DBCT Management's November 2015 ring-fencing DAAU

24 Mar 2016

Ports News

On 24 March 2016, DBCT Management  withdrew its November 2015 ring-fencing DAAU.

The DAAU was submitted to the QCA on a voluntary basis pursuant to section 142 of the QCA Act. In the DAAU, DBCT Management had proposed to amend the 2010 access undertaking to include ring-fencing arrangements to address the competition issues that would arise if Brookfield acquired 100% ownership of Asciano.

DBCT Management’s letter advising the QCA of the withdrawal of the DAAU is available here.