{"id":"F2019L00064","name":"Monitoring of Prices, Costs and Profits Relating to the Supply of Petroleum Products in the Petroleum Industry in Australia","slug":"monitoring-of-prices-costs-and-profits-relating-to-the-supply-of-petroleum-products-in-the-petroleum","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":98698,"registerId":"commonwealth-F2019L00064-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Monitoring of Prices, Costs and Profits Relating to the Supply of Petroleum Products in the Petroleum Industry in Australia","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-description: 94/2017 - Proposed new model for Commonwealth legal services procurement\nmeta-generator: Aspose.Words for .NET 20.2\ntitle: Ministerial Brief Template\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n \n\n \n\n \n\n \n\nCOMPETITION AND CONSUMER ACT 2010\n\n \n\nMONITORING OF PRICES, COSTS AND PROFITS RELATING TO THE SUPPLY OF PETROLEUM PRODUCTS IN THE PETROLEUM INDUSTRY IN AUSTRALIA\n\nI, Scott Morrison, Treasurer, pursuant to section 95ZE of the Competition and Consumer Act 2010, hereby direct:\n\n \n\n1. the Australian Competition and Consumer Commission (ACCC) to monitor the prices, costs and profits relating to the supply of petroleum products and related services in the petroleum industry in Australia for two years, effective from 20 December 2017;\n\n\n \n\n2.      the ACCC to report to me on its monitoring activities in paragraph (1) at least quarterly.\n\n \n\n3. the Direction commences the day after registration.\n\n \n\n \n\nDATED THIS 20TH DAY OF DECEMBER 2017\n\n \n\n \n\nScott Morrison\n\nTREASURER\n\n \n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1416},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This is the original direction establishing the petroleum monitoring regime. It sets out the initial scope (monitoring petroleum prices, costs and profits for two years) without subsequent expansion or amendment."},"complexity_factors":["Only 3 operative paragraphs","No defined terms or interpretation section","Single cross-reference to empowering provision (section 95ZE)","Clear, unconditional directives with no exceptions or contingencies"],"plain_english_summary":"This Direction requires the ACCC to monitor petrol, diesel and other petroleum prices, costs and profits across the full supply chain for two years and to report quarterly to the Treasurer. It compels the ACCC to allocate resources, subjects importers, refiners, wholesalers and retailers to scrutiny, and aims to boost transparency so consumers and policymakers can spot unusual margins or potential price gouging."}},"importantCases":[],"_links":{"self":"/api/acts/monitoring-of-prices-costs-and-profits-relating-to-the-supply-of-petroleum-products-in-the-petroleum","history":"/api/acts/monitoring-of-prices-costs-and-profits-relating-to-the-supply-of-petroleum-products-in-the-petroleum/history","analysis":"/api/acts/monitoring-of-prices-costs-and-profits-relating-to-the-supply-of-petroleum-products-in-the-petroleum/analysis","conflicts":"/api/acts/monitoring-of-prices-costs-and-profits-relating-to-the-supply-of-petroleum-products-in-the-petroleum/conflicts","importantCases":"/api/acts/monitoring-of-prices-costs-and-profits-relating-to-the-supply-of-petroleum-products-in-the-petroleum/important-cases","documents":"/api/acts/monitoring-of-prices-costs-and-profits-relating-to-the-supply-of-petroleum-products-in-the-petroleum/documents"}}