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 Home > How to franchise a business > Franchise Regulations Australia > The Oil Code

The Oil Code

Like the Franchising Code of Conduct, the Oil Code is a mandatory industry code under the Competition and Consumer Act (2010), and is enforced by the Australian Competition and Consumer Commission (ACCC).

The Oil Code regulates the conduct of suppliers, distributors and retailers in the petroleum marketing industry – many of which are franchised - and aims to:

  • Improve transparency in wholesale pricing and provide better access to declared petroleum products at a published terminal gate price (TGP)
  • Assist industry participants to make more informed decisions when entering, renewing or transferring a fuel re-selling agreement by requiring the disclosure of specific information
  • Improve the operating environment for all industry participants by providing access to a cost-effective and timely dispute resolution scheme as an alternative to litigation

In some regards the Oil Code seeks to achieve similar outcomes to the Franchising Code of Conduct, particularly in relation to disclosure and dispute resolution.

But unlike the Franchising Code, which has no state equivalent and exists only as federal legislation, the Oil Code exists concurrently with state regulation of the petroleum industry in the states of Victoria and Western Australia.

The introduction of the Oil Code on 1 March 2007 included the repeal of two previous pieces of legislation: the Petroleum Retail Marketing Sites Act 1980; and the Petroleum Retail Franchise Act 1980.

View the complete Oil Code regulations.

Other franchise regulations (Australia)

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