What does the Oilcode say about terminal gate pricing?
The terminal gate prices provisions of the Oilcode apply to:
- all wholesale suppliers
- sales of declared petroleum products by a wholesale supplier to a customer.
On 1 March 2007 the Australian Government implemented the Trade Practices (Industry Codes—Oilcode) Regulations 2006 (the Oilcode) as part of a reform of the downstream petroleum industry.