Trade Practices Act 1974 Direction No. 32 Monitoring of the prices of unleaded petroleum products (Cth)

Commonwealth of Australia

Trade Practices Act 1974

MONITORING OF THE PRICES OF UNLEADED PETROLEUM PRODUCTS

I, CHRIS BOWEN, Minister for Competition Policy and Consumer Affairs, pursuant to section 95ZE of the Trade Practice Act 1974, hereby direct:

(1) the Australian Competition and Consumer Commission (‘the Commission’) to monitor prices, costs and profits relating to the supply of unleaded petroleum products in the petroleum industry.

(2) the Commission to report to me on its monitoring activities in paragraph (1) for a period of three years commencing from the date of this direction.

(3) the reports of the Commission to be provided annually, no later than the anniversary of the  date of this direction.

Dated this    Seventeenth   day of     December         2007

CHRIS BOWEN

Minister for Competition Policy and Consumer Affairs