8Setting terminal gate price

8 Setting terminal gate price

(1) A wholesale supplier must, on each day, identify the terminal gate price the wholesale supplier charges on that day for the wholesale sale of each declared petroleum product the wholesale supplier sells.

Note: The wholesale supplier is required to identify charges for additional services separately from the posted TGP in the documents the wholesale supplier provides in accordance with clause 10.

(2) However, a wholesale supplier (the first wholesale supplier) is not required to identify the terminal gate price the wholesale supplier charges on a day for the wholesale sale of a declared petroleum product if: (a) at the same wholesale facility there is another wholesale supplier that is a related body corporate of the first wholesale supplier; and (b) the other wholesale supplier has identified the terminal gate price the other wholesale supplier charges on that day for the wholesale sale of the declared petroleum product. (3) A wholesale supplier may identify more than one terminal gate price on a day, but only in a way that makes it clear that: (a) only one price is in effect at any time; and (b) a price in effect at a time supersedes all other prices previously identified on that day.