Document ID: chunk:federal_register_of_legislation:F2022L01646:clause:1_7
Version: federal_register_of_legislation:F2022L01646
Segment Type: clause
Provision Reference: sch 1 cl 7
Character Range: 4915–5608

7  Commission to monitor prices
 (1) Under subsection 95ZE(1) of the Act, the Commission is directed:
 (a) to monitor prices, costs and profits relating to the supply of goods and services in each of the following industries:
 (i) the fuel retailing industry;
 (ii) the petroleum product wholesaling industry;
 (iii) the petroleum fuel manufacturing industry;
 (iv) bulk petroleum storage sub‑industry;
 (b) to give the Treasurer a report on the monitoring at least once every quarter during the period of 3 years beginning on 1 January 2023.
 (2) Subsection (1) does not apply in relation to:
 (a) an exempt supply; or
 (b) the supply of a good or service by a State or Territory authority.