The Australian Competition and Consumer Commission (ACCC) has updated dairy processors with additional information on their legal obligations under the Dairy Code of Conduct. The updates come ahead of the 1 June deadline for the release of milk supply agreements covering the 2023/24 season.
The updated guidance includes details on how processors need to publish milk supply agreements, how to comply with the single document requirement and the meaning of non-exclusive agreement under the code. It also contains information about when processors can terminate an agreement with a farmer and incorporates the Federal Court’s findings in the first ACCC proceedings brought under the Dairy Code.
ACCC deputy chair Mick Keogh urged processors to remain vigilant and familiarise themselves with the revised guidance to be completely clear on their obligations under the code. The deputy chair said the compliance with the code continues to generally improve.