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Bill

Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Carbon Tax Repeal) Bill 2013

lapsed, as at 2014-03-20. Environment portfolio.

Sponsor
Not recorded
Portfolio
Environment

Recorded stages

Divisions

No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.

Plain-language summary

Written by a model from the explanatory memorandum; not the record, as at 2013-11-13.

This bill is part of a package that repeals the carbon tax.

The package would ban suppliers from charging more than the tax cut justifies for goods like electricity and gas, and give the Australian Competition and Consumer Commission (ACCC) new powers to watch prices and stop false claims about the repeal's effect on prices.

A company breaking the price exploitation rule could face a maximum fine of 6,471 penalty units ($1,100,070), and an individual up to 1,295 penalty units ($220,150).

Businesses that supply key goods such as electricity and gas, and consumers.

Sources

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