Commonwealth Consolidated Acts

COMPETITION AND CONSUMER ACT 2010 - SECT 60G

Price monitoring--carbon tax repeal transition period

  (1)   The Commission may monitor prices to assess the general effect of the carbon tax repeal on prices charged by entities for supplies, in the carbon tax repeal transition period, of relevant goods.

Note:   For relevant goods , see subsection   (11).

  (2)   The Commission may monitor prices to assess the general effect of the carbon tax repeal on prices:

  (a)   advertised; or

  (b)   displayed; or

  (c)   offered;

for supplies, in the carbon tax repeal transition period, of relevant goods by entities.

Note:   For relevant goods , see subsection   (11).

  (3)   The Commission may monitor prices to assess the general effect of the carbon tax repeal on prices charged for supplies, in the carbon tax repeal transition period, of goods by an entity for which there is an entry in the Information Database (within the meaning of the Clean Energy Act 2011 ).

  (4)   The Commission may monitor prices to assess the general effect of the carbon tax repeal on prices:

  (a)   advertised; or

  (b)   displayed; or

  (c)   offered;

for supplies, in the carbon tax repeal transition period, of goods by an entity for which there is an entry in the Information Database (within the meaning of the Clean Energy Act 2011 ).

Price monitoring--price exploitation

  (5)   The Commission may monitor prices to assist the Commission's consideration of whether an entity has engaged, is engaging, or may in the future engage, in price exploitation in relation to the carbon tax repeal.

Price monitoring--pre - repeal transition period

  (6)   The Commission may monitor prices to assess the general effect of the carbon tax scheme on prices charged by entities for supplies, in the pre - repeal transition period, of relevant goods.

Note 1:   For pre - repeal transition period , see subsection   (13).

Note 2:   For relevant goods , see subsection   (11).

  (7)   The Commission may monitor prices to assess the general effect of the carbon tax scheme on prices:

  (a)   advertised; or

  (b)   displayed; or

  (c)   offered;

for supplies, in the pre - repeal transition period, of relevant goods by entities.

Note 1:   For pre - repeal transition period , see subsection   (13).

Note 2:   For relevant goods , see subsection   (11).

  (8)   The Commission may monitor prices to assess the general effect of the carbon tax scheme on prices charged for supplies, in the pre - repeal transition period, of goods by an entity for which there is an entry in the Information Database (within the meaning of the Clean Energy Act 2011 ).

Note:   For pre - repeal transition period , see subsection   (13).

  (9)   The Commission may monitor prices to assess the general effect of the carbon tax scheme on prices:

  (a)   advertised; or

  (b)   displayed; or

  (c)   offered;

for supplies, in the pre - repeal transition period, of goods by an entity for which there is an entry in the Information Database (within the meaning of the Clean Energy Act 2011 ).

Note:   For pre - repeal transition period , see subsection   (13).

Section does not limit Part   VIIA

  (10)   This section does not limit Part   VIIA (which is about prices surveillance).

Relevant goods

  (11)   For the purposes of this section, the following are relevant goods :

  (a)   regulated goods;

  (b)   other goods of a kind specified in a legislative instrument under subsection   (12).

  (12)   The Minister may, by legislative instrument, specify one or more kinds of goods for the purposes of paragraph   (11)(b).

Pre - repeal transition period

  (13)   For the purposes of this section, pre - repeal transition period means the period:

  (a)   beginning at the commencement of this section; and

  (b)   ending at the end of 30   June 2014.