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Competition and Consumer (Industry Codes—Food and Grocery) Regulations 2024
17Obligation to act in good faith must not be excluded
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17 Obligation to act in good faith must not be excluded
A large grocery business must not be a party to a grocery supply agreement that contains a provision that limits or excludes the obligation to act in good faith.
Civil penalty:
(a) for a contravention by a body corporate—the amount under section 14A; or
(b) for a contravention by a person who is not a body corporate—$500,000.