Member

Clause 61 is the final proposal stage. The backstop mechanism, although carefully designed to incentivise compromise, is still a regulatory intervention. It is important that the process can deliver the right outcomes. That is why, if the parties are unable to reach agreement, even after a period of mediation, then they will move to a “final proposal stage”. As the clause sets out, the regulator would first establish a committee of at least three experts from the regulator’s expert panel with the necessary skills, knowledge or experience. The committee would then invite the relevant leagues to submit a final proposal for the distribution of revenue along with supporting evidence.