Petrol stations must now display standard prices of all engine fuels they sell
Petrol stations must now display standard prices of all engine fuels they sell
11 February 2022
New rules are taking effect today as part of the Fuel Industry Act... which was created following a market study of the fuel market in 2019.
It'll make fuel pricing more transparent for motorists, and enable the Commerce Commission to monitor and report on the competitive performance of fuel markets.
Fuel wholesalers and distributors will be required to disclose a range of information to the Commission, including costs, prices and sales volumes.
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