Commonwealth legislation

Competition and Consumer (Monitoring of Prices, Costs and Profits) Repeal Direction 2014

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

This instrument cancels (repeals) an earlier government direction from February 2014 that required monitoring of prices, costs and profits under the Competition and Consumer Act 2010.

What it does:

Completely removes the previous "Monitoring of Prices, Costs and Profits Direction" made earlier in 2014
Stops the monitoring requirements that the previous direction had put in place

Who made it:

The Minister for Small Business (Bruce Billson) made this direction under powers in section 95ZE of the Competition and Consumer Act 2010

Why it matters:

This ends a specific price and profit monitoring regime that had been directed by the government earlier that year

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Current sections

Direct links to the current provisions in Competition and Consumer (Monitoring of Prices, Costs and Profits) Repeal Direction 2014.

Competition and Consumer (Monitoring of Prices, Costs and Profits) Repeal Direction 2014

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Competition and Consumer (Monitoring of Prices, Costs and Profits) Repeal Direction 2014

I, Bruce Billson, Minister for Small Business, make the following direction.

Dated 9 December 2014

Bruce Billson

Minister for Small Business

Contents

1 Name

2 Commencement

3 Authority

4 Schedules

Schedule 1—Repeals

Direction made on 18 February 2014 under section 95ZE of the Competition and Consumer Act 2010 (Federal Register of Legislative Instruments No. F2014L00180)

1 Name

This is the Competition and Consumer (Monitoring of Prices, Costs and Profits) Repeal Direction 2014.

2 Commencement

This instrument commences on the day after it is registered.

3 Authority

This instrument is made under section 95ZE of the Competition and Consumer Act 2010.

4 Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Repeals

Direction made on 18 February 2014 under section 95ZE of the Competition and Consumer Act 2010 (Federal Register of Legislative Instruments No. F2014L00180)

1 The whole of the Direction

Repeal the Direction.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

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Competition and Consumer (Monitoring of Prices, Costs and Profits) Repeal Direction 2014

I, Bruce Billson, Minister for Small Business, make the following direction.

Dated 9 December 2014

Bruce Billson

Minister for Small Business

Contents

1 Name

2 Commencement

3 Authority

4 Schedules

Schedule 1—Repeals

Direction made on 18 February 2014 under section 95ZE of the Competition and Consumer Act 2010 (Federal Register of Legislative Instruments No. F2014L00180)

1 Name

This is the Competition and Consumer (Monitoring of Prices, Costs and Profits) Repeal Direction 2014.

2 Commencement

This instrument commences on the day after it is registered.

3 Authority

This instrument is made under section 95ZE of the Competition and Consumer Act 2010.

4 Schedules

Schedule 1—Repeals

Direction made on 18 February 2014 under section 95ZE of the Competition and Consumer Act 2010 (Federal Register of Legislative Instruments No. F2014L00180)

1 The whole of the Direction

Repeal the Direction.

Read the source document