EXPLANATORY STATEMENT
STATUTORY RULES 1984 NO. 114
Petroleum Retail Marketing Sites Regulations (Amendment)
Issued by the Authority of the Minister for Industry and Commerce
The purpose of the Regulation is to amend the Schedule to the Petroleum Retail Marketing Sites Act 1980 with effect from 1 July 1984 to:
a) extend the quota of retail sites which each prescribed corporation may directly operate from 1 July 1984;
b) reallocate the new total quota of 425 retail sites amongst the prescribed corporations on the basis of market share of total petrol sales during the three year period ending 30 June 1983;
c) effect the new quota phasing arrangements which provide for the prescribed corporations to achieve their final quotas of direct-operated retail sites in six-monthly stages by 1 July 1986.