Market Arrangements Code Change Proposal – Ref CPM047
| Date | 10 January 2022 |
1
Market Arrangements Code Change Proposal – Ref CPM047
Modification
proposal
Market Arrangements Code Change Proposal1 – CPM047 – Change
to Panel quorum
Decision
The Authority has decided to approve this Change Proposal
Publication date
10 January 2022
Implementation
date
14 January 2022
Background
The Market Arrangements Code (MAC) establishes quorum for the Panel. No business
can be transacted at the Panel unless a quorum is present
2
. The quorum is specified in
section 5.9.1 to be a minimum of the following voting members:
• The Panel Chair (or the Panel Deputy Chair, or other appointed Panel Chair
nominated by the Panel under Section 5.3.3),
• Two Associated Retailer Panel Members and two Unassociated Retailer Panel
Members (or any combination equal to at least four Retailer Panel Members),
• Two Wholesaler Panel Members, and
• Two Independent Panel Members (or any of their alternates entitled to be present).
1
Unless otherwise specified, the terms used in this document are those defined in the Wholesale Retail
Code as approved by this document.
2
Unless it is an urgent Panel Meeting.
We are approving this Change Proposal. Approval of this Change Proposal will avoid
undue delay to the progress of other Change Proposals which are due to be considered
at the January and February 2022 Panel meetings.
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