Standard retail price to be as notified
3 Standard retail price to be as notified
Subject to subregulation (3), a person who offers a particular kind of motor fuel for retail sale on a particular day at a particular place commits an offence unless —
under subregulation (2), the person has established the permitted standard retail price for that sale; and
the standard retail price at which that kind of motor fuel is offered is that day’s permitted standard retail price.
Penalty: in the case of an individual, $20 000 and, in the case of a body corporate, $100 000.
A person establishes the permitted standard retail price for the retail sale by that person of a particular kind of motor fuel on a particular day at a particular place by notifying the Commissioner, in accordance with regulation 3A, of the standard retail price at which the motor fuel is to be offered for sale on that day.
Subregulation (1) does not apply to a place in the Territory of Christmas Island or the Territory of Cocos (Keeling) Islands.
[Regulation 3 inserted: Gazette 23 Aug 2001 p. 4379; amended: Gazette 31 Dec 2001 p. 6764; SL 2026/41 r. 4.]
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