Competition and Consumer (Industry Codes—Oil) Regulations 2017
31Supplier’s proprietary fuel card
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31 Supplier’s proprietary fuel card
(1) If: (a) a fuel re‑selling agreement provides that: (i) a retailer must accept the supplier’s proprietary fuel card for a purchase made by an end‑user customer; and (ii) reimbursement in relation to the purchase is to be payable directly into the retailer’s nominated bank account; and (b) a transaction involving a purchase is processed by electronic funds transfer; the supplier must reimburse the retailer for the purchase within 3 business days after the supplier receives complete and accurate details of the transaction, unless the supplier is unable to reimburse the retailer because of circumstances beyond the supplier’s reasonable control. (2) If: (a) a fuel re‑selling agreement provides that a retailer must accept the supplier’s proprietary fuel card for a purchase by an end‑user customer; and (b) either or both of subparagraph (1)(a)(ii) and paragraph (1)(b) do not apply; the supplier must reimburse the retailer for a transaction involving a purchase within 5 business days after the supplier receives complete and accurate details of the transaction, unless the supplier is unable to reimburse the retailer because of circumstances beyond the supplier’s reasonable control.