Commonwealth legislation

Prices Surveillance Act 1983 - Direction No. 17 - Container Stevedoring Services

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Commonwealth

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legislative instrument

Plain English Summary

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The Treasurer, using a Prices Surveillance Act power, directs the ACCC to monitor prices, costs and profits of container terminal operator companies at six ports (Adelaide, Brisbane, Burnie, Fremantle, Melbourne, Sydney) and to report to the Treasurer within four months after each financial year. It tasks the ACCC and affects the named stevedoring firms; it creates ongoing information‑gathering and transparency but does not set prices or mandate enforcement.

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Prices Surveillance Act 1983 - Direction No. 17 - Container Stevedoring Services

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COMMONWEALTH OF AUSTRALIA

Prices Surveillance Act 1983

DIRECTION NO 17

(1) I, Peter Costello, Treasurer, pursuant to section 27A of the Prices Surveillance Act 1983, hereby direct the Australian Competition and Consumer Commission to undertake monitoring of prices,

costs and profits relating to the supply of services by a container terminal operator company in ports at the following locations:

(a) Adelaide;

(b) Brisbane;

(d) Fremantle;

(e) Melbourne; and

(f) Sydney.

(2) In this direction, ‘container terminal operator company’ means a provider of container stevedoring services in ports at the locations listed in paragraph (1).

(3) The ACCC is to report to me on its monitoring activities referred to in paragraph (1) within four months after the end of each financial year.

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20 January 1999

Source text

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