Dairy Code of Conduct (mandatory)
Mandatory Code governing milk supply agreements between dairy farmers + processors.
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Who must comply
Dairy processors + farmers.
What triggers it
Dairy supply agreement.
When due
Annual + per agreement.
Evidence required
Compliant supply agreements; dispute records.
Max penalty
Civil penalties up to $10M; ACCC enforcement
Summary
Dairy Code of Conduct (mandatory since 1 January 2020) regulates milk supply agreements. Required terms, minimum prices, prohibition on retrospective price changes + bargaining provisions.
Enforced by
Source legislation
Industries
Topics
competitionagriculturedairy
Source: https://accc.gov.au/business/industry-codes/dairy-code-of-conduct. Rules Mate is not a law firm. Always verify against the live regulator source before acting.