When presented with a status update in January 2023, FPT Ministers reiterated their support for the industry-led process to finalize the code, and encouraged broad consultation followed by swift implementation. Industry stakeholders involved in the development of the code are confident all elements related to the Code development will be ready by the end of 2023 . A phased implementation period will be required to allow for recruitment of members, adequate education of stakeholders, and sufficient time to incorporate the code provisions (trade rules) within their operations in early 2024.