41Information about price increases

41 Information about price increases

A large grocery business must give to its Code Mediator, in sufficient time for the information to be included in the Code Mediator’s report for a financial year under section 59, the following information: (a) the total number of notifications given under subsection 40(2) by the large grocery business to any supplier during the financial year; (b) the number of those notifications that were not given within the 30‑day period required by that subsection; (c) the total number of negotiations entered into during the financial year following requests made under subsection 40(3); (d) the number of those negotiations in which the large grocery business did not conclude its position on the negotiations within the period of 30 days starting on the day (the notification day) the large grocery business was notified of the relevant proposed price increase by the supplier; (e) for each of the negotiations to which paragraph (d) applies, the number of days the large grocery business took to conclude its position on the negotiations starting from the notification day for the relevant proposed price increase.

Civil penalty:

(a) for a contravention by a body corporate—3,200 penalty units; or
(b) for a contravention by a person who is not a body corporate—640 penalty units.