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This Commitment records the commitment by Toll Holdings Limited and its subsidiaries to:
comply with Part VB of the Trade Practices Act 1974 (the Act);
not engage in price exploitation (within the meaning of section 75AU of the Act) in relation to the New Tax System;
apply the Price Exploitation Guidelines (March 2000) @the Guidelines) issued by the Australian Competition and Consumer Commission (ACCC), where applicable;
pass on to its customers any net cost benefits realised as a result of the New Tax System changes in accordance with this Commitment;
advertise and display its prices in a manner which is not misleading or deceptive within the meaning of the Act; and
ensure that Toll has an effective GST compliance program in place.
General Electric ("GE") worldwide is active in ensuring compliance to the laws and regulations of the jurisdictions in which the businesses operate.
At Coles Myer we are committed to:
Complying with the Trade Practices Act, in particular Part VB;
Not engaging in price exploitation in relation to the New Tax System;
Complying with the ACCC's price exploitation guidelines pursuant to section 75AV of the Trade Practices Act and as expanded in this document;
Passing on to customers any net cost benefits realised as a result of the New Tax System changes.
As part of Woolworths' long established Trade Practices Compliance Program, Woolworths will use all reasonable endeavours to:
(a) comply with the Act, in particular Part VB of the Act;
(b) not engage in price exploitation in relation to ANTS;
(c) pass on to consumers any net cost benefits which result from ANTS;
(d) advertise and display prices as GST inclusive in a way that is not misleading or deceptive; and
(e) continue to ensure that Woolworths has an effective Trade Practices Compliance Program which will continue to be materially in accordance with the provisions of Australian Standard 3806 (1998).
The purpose of this statement is to record publicly the commitment of Estee Lauder to observe and comply with Part VB of The Trade Practices Act 1974 and not to engage in price exploitation in relation to the introduction of the new Goods and Services Tax introduced by A New Tax System (Goods and Services Tax) Act 1999.
"Ergon Energy" (comprising Ergon Energy Corporation Limited and Ergon energy Pty Ltd, Ergon Energy Gas Pty Ltd, Ergon Energy (Victoria) Pty Ltd, and Northern electricity retail Corporation Pty Ltd (NERC) is making a public commitment to comply with the law governing The New Tax System and with the Australian Competition and Consumer Commission (ACCC) GST Pricing Guidelines.The commitment applies only to the unregulated aspects of Ergon Energy's business.
Commitment to comply
As part of this commitment, Ergon Energy will:
Comply with the Trade Practices Act, in particular Part VB of the Act relating to price exploitation;
Not engage in price exploitation in relation to the New Tax System;
Comply with the ACCC's price exploitation guidelines, as expanded in this commitment;
Pass on to consumers any net cost savings arising from the New Tax System changes;
Advertise and display GST-inclusive prices in a manner that is not misleading or deceptive, and
Ensure it has an effective GST compliance program.
Coca-Cola Amatil is committed to complying with all measures introduced to ensure businesses will charge fair prices after GST.
Sydney Airports Corporation Limited ("Sydney Airports") is making a public commitment to comply with the law governing The New Tax System and with the ACCC's GST Price Exploitation Guidelines.
The Public Compliance Commitment provided by BOC Gases Australia Ltd details the approach taken by BOC in implementing price changes under the New Tax System.
Lend Lease Corporation Limited is a major participant in the real estate investment management, property development, project management and construction industries.
This document sets out the National Australia Bank - Australian Group's commitment to ensuring that its customers benefit fully from reductions in indirect taxes and are not exposed to greater than necessary price rises as a result of the New Tax System.
Imperial Tobacco Australia (ITA) is committed to complying with the Government's prices oversight regime introduced to minimise the overall impact of the New Tax System on the level of prices.
Australia Post is committed to implementing all aspects of the new tax system fairly, openly and rigorously. This document formally records their commitment to complying with Section VB of Trade Practices Act 1974.
Telstra intends to fully comply with the price exploitation provisions of the Trade Practices Act (Part VB).
The Public Compliance Commitment is provided by the Director of Public Transport on behalf of the Victorian Government in its role in setting public transport fares in Victoria.
The Broken Hill Proprietary Company Limited is addressing the changes resulting from the implementation of the New Tax System.
This commitment records the Ansett Holdings Limited group of companies’ (Ansett’s) commitment to:
Comply with Part VB of the Trade Practices Act 1974;
Not engage in price exploitation in relation to the New Tax System;
Apply the Australian Competition and Consumer Commission’s (ACCC) Price Exploitation Guidelines, where applicable and as expanded in this commitment;
Pass on to consumers any net cost benefits realised as a result of the New tax System changes;
Advertise and display the GST inclusive price in a manner which is not misleading and deceptive, and;
Ensure there is an effective GST compliance program in place.
The purpose of this Commitment is to record the commitment of Qantas to furthering the principles of the Trade Practices Act 1974 and the Guidelines with respect to The New Tax System (TNTS), and to provide greater certainty as to the basis on which the Commission (the ACCC) may review the actions of Qantas.
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