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Bill

Clean Energy Legislation (Carbon Tax Repeal) Bill 2013

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

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Not recorded
Portfolio
Environment

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Plain-language summary

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

Part of a 13-bill package, this bill would ban price exploitation and misleading claims about prices after the carbon tax is repealed.

The bill would create a new offence with fines of up to 6,471 penalty units for companies and 1,295 for individuals, and give the ACCC powers to monitor prices during the transition.

The ACCC would check whether savings from the repeal are passed on to consumers, especially in markets where competition is limited.

Businesses supplying key goods such as electricity and gas, and their customers.

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