Explanatory Statement
Issued by the Authority of the Assistant Treasurer and Minister for Competition Policy and Consumer Affairs
Trade Practices Act 1974
Assistant Treasurer and Minister for Competition Policy and Consumer Affairs to the Australian Competition and Consumer Commission Direction No. 31 2008
Section 95ZF of the Trade Practices Act 1974 (the Act) provides that the Minister may give written directions to the Australian Competition and Consumer Commission (ACCC) to monitor prices, costs and profits relating to the supply of goods or services by specified persons and to give the Minister a report on the monitoring.
Direction No. 31 gives effect to the Government’s decision that the ACCC monitor the prices, costs and profits relating to the supply of car parking services at the following five airports: Sydney Kingsford Smith Airport; Melbourne Tullamarine Airport; Brisbane Airport; Adelaide Airport; and Perth Airport.
Direction No. 31 is a legislative instrument for the purposes of the Legislative Instruments Act 2003.
Direction No. 31 takes effect from 7 April 2008.