365 results, showing 141 to 160
This variation was accepted by the ACCC on 30/06/2000. It ensures that the Undertaking does not prevent the pass-through of GST related price increases and imposes additional obligations on Waratah to provide information to the ACCC about cost savings arising from the New Tax System, and any move to 3 man crews in Newcastle.
Undertaking relates to the share and asset acquisition agreement between Waratah and the vendors all issued shares in Hunter Towage Services, and the purchase of the tug "Ballina" from BHP Transport.
The ACCC will not intervene in the acquisition if Waratah agrees:
not to increase tariff rates for harbour services beyond a specified amount;
to maintain discounts/rebates existing at Dec 1998;
not to introduce new charges re towage services;
not to increase existing charges re towage services.
Waratah will provide ACCC with an annual audit report by an auditor nominated by the ACCC.
As part of United Distillers & Vintners (UDVA) Trade Practices Compliance Program, UDVA will use all reasonable endeavours to:
comply with the Act, in particular Part VB of the Act;
not engage in price exploitation in relation to ANTS;
pass on to consumers any net cost benefits which result from ANTS;
advertise and display price as GST inclusive in a way that is not misleading or deceptive; and
continue to ensure that UDVA has an effective Trade Practices Compliance Program which will continue to be materially in accordance with the provisions of Australian Standard 3806 (1998).
Cable & Wireless Optus ("CWO") is committed to ongoing processes of efficiency and innovations to reduce costs and ensure savings are passed on to our customers. This document is an extension of that commitment.
The Undertaking was varied - Annexure 'B' was replaced with Annexure 'A2', Annexure 'C' was replaced with Annexure 'A3', and the date in paragraph 2.4 of the undertaking was amended.Background: The ACCC investigated National Mutual Health Pty Ltd trading as HBA, in relation to television advertising.
Dimmeys has undertaken to ensure that it and it's servants and agents will ensure any in-store representations are unlikely to mislead consumers as to their statutory rights under the Trade Practices Act 1974.
Mr Tony Amodio, the principal of Accounting for GST, a registered GST Startup Assistance Provider, provided undertakings that he and his agents would not to make representations in the future that:
Accounting for GST has any sponsorship, approval of affiliation with the GST Startup; Assistance Office, or the ATO beyond that it is a registered supplier under the GST legislation;
Accounting for GST's registration services and workshops are provided free of charge unless this is correct;
an ABN is required for the purposes of the GST legislation for anything other than creating an entitlement to claim input tax credits within the terms of the GST legislation; and
persons or entities who make use of Accounting for GST's services are required to attend any seminars in relation to Registration Services
Mr Amodio also undertook to:
send letters by 7 July 2000 to all customers who have paid for registration services or places at GST Workshops to offer them a full refund where they have been misled by statements made by representatives of Accounting for GST.
Mr Matthew Old, a contracted representative of 'Accounting for GST', has also given undertakings not to make misleading representations in the future and to participate in a compliance program. (See also the 'Tony Amodio' entry in this list).
The public compliance commitment reflects the Commonwealth Bank Group's ("the Commonwealth") strong culture of compliance and its intention to be open and direct with its customers and the ACCC in relation to the effects of the New Tax System.
This Public Compliance Commitment records Strathfield Group Limited's commitment to:
comply with the Trade Practices Act 1974, in particular Part VB of the Act;
not engage in price exploitation in relation to the New Tax System;
comply with the price exploitation guidelines 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 GST-inclusive prices in a way that is not misleading or deceptive; and
ensure there is an effective compliance program in place.
Westpac Banking Corporation and its subsidiary companies ("Westpac") is committed to:
complying with Part VB of the Trade Practices Act 1974;
not engaging in price exploitation in relation to the New Tax System;
Complying with the ACCC's Price Exploitation Guidelines;
to the maximum practicable extent, passing onto its consumers any net cost benefits realised as a result of the New Tax System changes; and
advertising and displaying GST inclusive prices in a manner which is not misleading or deceptive.
This is fully documented in Westpac's public compliance commitment.
Burns Philp & Company Limited, and its subsidiaries from time to time (BPC), are committed to complying with the Trade Practices Act 1974, and to complying with the price exploitation guidelines issued by the Australian Competition and consumer Commission (ACCC) under s.75AV.
This Public Compliance Commitment records BPC's commitment to:
Comply with the Trade Practices Act 1974, in particular Part VB of the Act;
Not engage in price exploitation in relation to the New Tax System;
Comply with the price exploitation guidelines as expanded in the 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 way that is not misleading or deceptive; and
Ensure there is an effective compliance program in place.
The Commission received a complaint about dual ticketing being displayed in an Inski store prior to 1 June 2000.
Berri Limited ('Berri') is committed to ensuring that purchasers of its products:
benefit fully from the lowering and ultimate removal of certain indirect taxes as part of the New Tax System; and
are not exposed to greater than necessary price rises resulting from the implementation of the Goods and Services Tax.
Berri commits to the Australian public that it 'will during the period 8 July 1999 to 2 July 2002 ('Transition Period'):
comply with the Trade Practices Act 1974 (Cth) (7PA'), in particular Part VB of the TPA;
not engage in price exploitation in relation to the New Tax System;
comply with the Australian Competition and Consumer Commission's (ACCC') Price Exploitation and the New Tax System General Principles, Information and Guidelines on When Prices Contravene Section 75AU of the Trade Practices Act ('Guidelines');
pass on to consumers any nett cost benefits realised as a result of the New Tax System changes;
advertise and display prices in a manner that is not misleading or deceptive; and
ensure there is an effective compliance program in place concerning issues associated with the New Tax System and the Guidelines.
Final ACCC acknowledgment
Berri Limited has completed it’s repricing associated with the New Tax System and has met the requirements of it’s Public Compliance Commitment agreement with the ACCC.
David Jones is committed to complying with the Trade Practices Act 1974, including new legislation enacted by the Commonwealth Government to prevent business from exploiting the tax reform process to increase profits (Part VB of the Trade Practices Act 1974 - Price Exploitation in relation to A New Tax System).