Commonwealth legislation

Competition and Consumer Act 2010 - Price Notification for Australia Post's Reserved Letter Services

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

2/10 complexity

This declaration requires Australia Post to give the competition regulator (the ACCC) advance notice before raising prices on reserved letter delivery and registered publications. It uses competition-law powers to impose transparency and oversight over a legal postal monopoly, letting the ACCC review proposed increases for justification.

It affects Australia Post (notification duty) and consumers and businesses (protection from sudden, unjustified postal price hikes).

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Current sections

Direct links to the current provisions in Competition and Consumer Act 2010 - Price Notification for Australia Post's Reserved Letter Services.

Competition and Consumer Act 2010 - Price Notification for Australia Post's Reserved Letter Services

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AustGovt_crest

Commonwealth of Australia

Competition and Consumer Act 2010

PRICE NOTIFICATION FOR AUSTRALIA POST’S RESERVED LETTER SERVICES

I, WAYNE SWAN, Deputy Prime Minister and Treasurer, pursuant to section 95X of the Competition and Consumer Act 2010 (‘the Act’), hereby declare:

the provision of letter services reserved to Australia Post under Division 2 of Part 3 of the Australian Postal Corporation Act 1989, and the carriage within Australia of registered publications, to be notified services for the purposes of the Act; and
the Australian Postal Corporation to be, in relation to those services, a declared person for the purposes of the Act.

This declaration is to cease to have effect on and from 25 February 2016, unless revoked earlier.

Dated this 23 day of February 2011.

Wayne Swan

Deputy Prime Minister and Treasurer

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.