AER information gathering powers for pricing guidelines and comparator
63 AER information gathering powers for pricing guidelines and comparator
A retailer must submit to the AER, in the manner and form (including by the date or dates) required by the AER Retail Pricing Information Guidelines, information and data relating to—
the presentation of standing offer prices and market offer prices that are generally available to classes of small customers in a jurisdiction (including any variation of the prices); and
if and to the extent a local instrument of this jurisdiction so declares—the purposes of a price comparator for this jurisdiction.
Notes—
1 This section is a civil penalty provision.
2 The AER is subject to Division 3 of Part 8 of this Law and section 44AAF of the Competition and Consumer Act 2010 of the Commonwealth in respect of the disclosure of confidential information it receives.
This Act’s bill:Explanatory memorandum
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