Clean Energy Legislation (Carbon Tax Repeal) Act 2014 (83 of 2014)

Schedule 2   Carbon tax price reduction obligation

Competition and Consumer Act 2010

11   After section 80

Insert:

80A Price exploitation in relation to the carbon tax repeal - orders limiting prices or requiring refunds of money

(1) If, on the application of the Commission, the Court is satisfied that a person has engaged in conduct constituting a contravention of section 60C, the Court may make either or both of the following orders:

(a) an order requiring that person, or a person involved in the contravention, not to make a regulated supply of a kind specified in the order for a price in excess of the price specified in the order while the order remains in force;

(b) an order requiring that person, or a person involved in the contravention, to refund money to a person specified in the order.

Note: Section 60C is about price exploitation in relation to the carbon tax repeal.

(2) This section does not limit section 80.

(3) In this section:

price has the same meaning as in Part V.

regulated supply has the same meaning as in Part V.