Commonwealth Consolidated Acts

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TRADE PRACTICES ACT 1974 - SECT 75AU

Price exploitation in relation to New Tax System changes

             (1)  A corporation contravenes this section if it engages in price exploitation in relation to the New Tax System changes.

             (2)  For the purposes of this section, a corporation engages in price exploitation in relation to the New Tax System changes if:

                     (a)  it makes a regulated supply; and

                     (b)  the price for the supply is unreasonably high, having regard alone to the New Tax System changes (whether the supply took place before or after those changes); and

                     (c)  the price for the supply is unreasonably high even if the following other matters are also taken into account:

                              (i)  the supplier's costs;

                             (ii)  supply and demand conditions;

                            (iii)  any other relevant matter.



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