Step 1 , Determine applicability: Start by confirming whether the entity or conduct falls within the Code’s territorial and subject-matter reach. The Competition Code applies to persons carrying on business in Tasmania, bodies corporate incorporated or registered in Tasmania, persons ordinarily resident in Tasmania and persons otherwise connected with Tasmania (s 8(1)). Consider whether the activity is an excluded Crown activity under s 15, as exempt activities (taxing, licensing decisions, intra-Crown transactions, legislated acquisition of primary products) do not amount to carrying on business for Parts 4 and 5 purposes.
Step 2 , Identify which text applies and monitor modifications: The Competition Code text is defined in s 4 and applies as a Tasmanian law under s 5. Because future Commonwealth modifications do not apply in Tasmania immediately, check s 6 for timing rules and watch for Tasmanian proclamations that may accelerate or exclude Commonwealth amendments (s 6(1)-(4)). Maintain a tracking process for Commonwealth amendments to the Competition Code text and any Tasmanian proclamations.
Step 3 , Review contracts and transitional protections: If contractual arrangements pre-date the operative date or the cut-off date (19 August 1994), apply s 41 to determine whether provisions are to be disregarded for contravention purposes or whether they remain enforceable. For contracts varied on or after the cut-off date, check whether the variation brings the contract within the Code’s scope (s 41(1)(b)). Use the temporary exemption from pecuniary penalties in s 43 to assess penalty exposure for conduct during the early transitional window.
Step 4 , Consider authorisation and notification routes: The Act permits application for authorisations under the Code and section 93 notices from the commencement of s 44 as if the whole Act had commenced (s 44). Where conduct may otherwise contravene the Code, an authorisation or notification may provide regulatory clearance. Prepare authorisation applications or section 93 notices in alignment with the Competition Code text and the administrative frameworks described in ss 29-33.
Step 5 , Prepare for Commonwealth enforcement and administrative regimes: Expect investigations, enforcement and administrative review processes to be conducted by Commonwealth bodies such as the Commission and Tribunal, which have been conferred functions and powers for the Code (ss 19, 27, 32). Ensure internal processes can respond to Commonwealth-style information requests, investigations and review procedures. Familiarise compliance teams with the Commonwealth administrative laws listed in s 29, particularly Freedom of Information and Privacy obligations, because those laws apply to Code matters (s 30).
Step 6 , Financial compliance: Be aware that fees, taxes, fines and pecuniary penalties authorised under the application law are payable to the Commonwealth (s 37). Ensure accounting processes can direct payments to Commonwealth accounts and record any exceptions for amounts recoverable as loss or damage under s 82 or s 87, or as otherwise prescribed by regulations (s 37(2)).
Step 7 , Manage extraterritorial conduct carefully: If relevant conduct occurred partly or entirely outside Tasmania or Australia, obtain advice on whether the Commonwealth Minister’s written consent is required for that conduct to be relied upon in Tasmanian proceedings or for private applicants to seek certain orders (s 8(3)-(5)). Where consent is necessary, prepare to engage with Commonwealth agencies to secure it, noting the Minister must give consent unless a foreign law authorised the conduct or national interest objections apply (s 8(5)).
Step 8 , Coordinate with State and Commonwealth regulators: Because the Act restricts Tasmanian officers and authorities from exercising functions conferred on Commonwealth officers (ss 28, 33), coordinate compliance and disclosure strategies with Commonwealth agencies rather than assuming State regulators will handle all matters. If administrative responsibilities remain with the Minister for Finance and Department of Treasury and Finance under s 46 pending Administrative Arrangements orders, ensure points of contact are established there.
Step 9 , Use regulatory powers and monitor regulations: The Governor may make regulations under the Act and specific regulations can authorise conduct in relation to s 51 exceptions (ss 38-39). Monitor the Tasmanian regulations that implement savings and transitional arrangements (s 45) and any regulations prescribing fees or exceptions to the application of Commonwealth laws (ss 25(3), 26(3), 30(3), 31(3)). Ensure compliance policies are updated promptly when new regulations are made.
Step 10 , Document and retain records for administrative and legal processes: Given the application of Commonwealth administrative laws, including FOI and privacy, maintain robust document and record-keeping practices to respond to information requests, privacy obligations and tribunal reviews (s 29). Keep contemporaneous records of decision-making, contractual variations and communications that bear on whether conduct is a business activity under s 15, or falls within transitional rules under Part 7.
Step 11 , Seek early legal advice on contentious areas: For edge cases such as whether an entity is an authority, whether a State acquisition is elective, or whether extraterritorial conduct requires Ministerial consent, obtain prompt legal advice referencing the relevant sections (ss 13-16, 8(3)-(5), 15(1)(d)). For potential enforcement exposure, advice should cover the interplay with Commonwealth agencies, potential penalties, and the application of s 34 to avoid duplication.
Step 12 , Engage with authorisation and review processes strategically: Where market conduct may raise competition issues, consider proactively seeking authorisation under the Code or using available notice procedures, and prepare to engage with the Commonwealth administrative law framework for review and appeals. Account for timing rules in s 6 and transitional provisions in Part 7 when planning regulatory relief or litigation strategies.