Industry Research and Development (Supermarket Price Transparency and Comparison Reports Program) Instrument 2024

I, Andrew Leigh, Assistant Minister for Competition, Charities and Treasury, make the following instrument.

Signed    19 March 2024

Dr Andrew Leigh

Contents

1  Name 

2  Commencement

3  Authority

4  Definitions

5  Prescribed program

6  Specified legislative power

1  Name

  This instrument is the Industry Research and Development (Supermarket Price Transparency and Comparison Reports Program) Instrument 2024.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under the Industry Research and Development Act 1986.

4  Definitions

  In this instrument:

ABN has the meaning given by the A New Tax System (Australian Business Number) Act 1999.

Act means the Industry Research and Development Act 1986.

supermarket price transparency and comparison reports means reports that provide Australian consumers with information on the comparative price of grocery goods available for sale at different retailers.

program: see subsection 5(1).

5  Prescribed program

 (1) For the purposes of subsection 33(1) of the Act, the Supermarket Price Transparency and Comparison Reports Program (the program) is prescribed.

 (2) The program provides funding by way of a grant to the Australian Consumers’ Association (ABN 72 000 281 925).

 (3) The purpose of the program is to support the Australian Consumers’ Association to develop and publish, by way of the internet, supermarket price transparency and comparison reports on a quarterly basis for 3 years.

6  Specified legislative power

  For the purposes of subsection 33(3) of the Act, the power of the Parliament to make laws with respect to postal, telegraphic, telephonic, and other like services (within the meaning of paragraph 51(v) of the Constitution) is specified.