Commonwealth of Australia
Competition and consumer act 2010
MONITORING OF THE PRICES, COSTS AND PROFITS RELATING TO THE SUPPLY OF UNLEADED PETROLEUM PRODUCTS IN THE PETROLEUM INDUSTRY IN AUSTRALIA
I, David Bradbury, Parliamentary Secretary to the Treasurer, pursuant to section 95ZE of the Competition and Consumer Act 2010, hereby direct:
1. the Australian Competition and Consumer Commission (ACCC) to monitor the prices, costs and profits relating to the supply of unleaded petroleum products in the petroleum industry in Australia for one year, effective from 17 December 2011;
2. the ACCC to report to me on its monitoring activities in paragraph (1); and
3. the report of the ACCC to be provided by 17 December 2012.
Dated this 9th day of May 2011
David Bradbury
parliamentary secretary to the treasurer