29Incentive schemes

29 Incentive schemes

(1) If a large grocery business has an incentive scheme which applies to any member of a buying team or a category manager of the large grocery business, the large grocery business must ensure the incentive scheme is consistent with: (a) the purposes of this Code; and (b) any obligations of the large grocery business under this Code.

Note: For example, the scheme must be consistent with:

(a) the purpose of protecting suppliers from retribution; and
(b) the obligation to act in good faith in dealing with suppliers.

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.

(2) An incentive scheme is not consistent with a purpose of, or obligation under, this Code if the scheme: (a) requires; or (b) directly or indirectly incentivises; a buying team or category manager to act in a way which is contrary to the purpose or obligation.