Part VB—price exploitation in relation to the New Tax System

Part VB provided the ACCC with responsibilities to oversee price responses to the introduction of the New Tax System during the period 8 July 1999 to 30 June 2002. Under this part, the ACCC had the role of ensuring that no price exploitation occurred during the relevant period.

The ACCC does not have power to pursue pricing conduct that occurs after 30 June 2002 under the price exploitation provisions of the Act.