Commonwealth Consolidated Regulations
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COMPETITION AND CONSUMER (INDUSTRY CODES--DAIRY) REGULATIONS 2019 - REG 27
Minimum price--retrospective step downs prohibited in all circumstances
(1) The milk supply agreement must not allow retrospective step
downs.
(2) A retrospective step down is a variation of the milk supply
agreement that reduces a minimum price for milk supplied under the agreement
before the variation occurs.
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