Tasmanian Consolidated Acts Tasmanian Consolidated Acts
(1) A person shall not, in trade or commerce, advertise for supply at a specified price, goods or services if there are reasonable grounds, of which the person is aware or ought reasonably to be aware, for believing that the person will not be able to offer for supply those goods or services at that price for a period that is, and in quantities that are, reasonable having regard to the nature of the market in which the person carries on business and the nature of the advertisement.
Penalty:
Fine not exceeding 200 penalty units in the case of a person other than a corporation or 1 000 penalty units in the case of a corporation.
(2) A person who has, in trade or commerce, advertised goods or services for supply at a specified price shall offer those goods or services for supply at that price for a period that is, and in quantities that are, reasonable having regard to the nature of the market in which the person carries on business and the nature of the advertisement.
(3) In a prosecution of a person in relation to a failure to offer goods or services to another person in accordance with subsection (2), it is a defence if the person establishes that –
and, in either case, where the offer was accepted by that other person, the person has so supplied or procured someone else to supply, goods or services.(a) the person offered to supply, or to procure someone else to supply goods or services of the kind advertised to that other person within a reasonable time, in a reasonable quantity and at the advertised price; or
(b) the person offered to supply immediately, or to procure someone else to supply, within a reasonable time, equivalent goods or services to that other person in a reasonable quantity and at the price at which the first-mentioned goods or services were advertised –