Department of the Treasury
On 4 April 2017, the Treasurer prescribed the Competition and Consumer (Industry Code—Sugar) Regulations 2017 (‘the Code’) as a mandatory industry code under the Competition and Consumer Act 2010.
The Code:
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provides for an arbitration process for supply contracts between sugar suppliers and millers;
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provides for an arbitration process for on-supply agreements between millers and marketers; and
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ensures that growers have a right to choose who markets their sugar.