Examples of Oil Code in a sentence
However, the regulations and competencies expressed in the Oil Code and the Association Contract still apply to the activities of exploration, exploitation and production of natural gas and, therefore, those activities are outside the scope of the CREG.
Failure to perform work to meet the National Fuel Gas Code (NFPA 54) or the National Oil Code (NFPA 31), manufacturers’ specifications and, where applicable, local and city codes.
FCAI RESPONSE TO MATTERS REFERRED TO JOINT PARLIAMENTARY COMMITTEE (A) The operation and effectiveness of the Franchising Code of Conduct, including the disclosure document and information statement, and the Oil Code of Conduct, in ensuring full disclosure to potential franchisees of all information necessary to make a fully-informed decision when assessing whether to enter a franchise agreement.
Removal of the Oil Code Regulation, in lieu of the Franchise Code of Conduct, would likely result in the loss of this business model with consequent negative impact on the ability of the industry to attract new market participants.
Accordingly, ACAPMA does not believe that there is a need for any further modification of the disclosure obligations in the current Oil Code.
We are unable to provide meaningful comments on the effectiveness of the Oil Code dispute resolution process, as we are not familiar with the practical operation of that process.Importantly, in the case of the new motor vehicle distributors there is an established and regular pathway to discussion with dealers through the national dealer councils.
Notwithstanding our view that the termination provisions contained in the Franchising Code are adequate, the Oil Code does contain operational advantages, specifically relating to special circumstances whereby a supplier is not required to provide a retailer (in the Oil Code context) with the right to remedy a breach before proceeding to a termination.
It is suggested that this issue is best resolved by the FWO issuing guidance to the fuel industry on the real-world application of the reasonable measures test, as soon as practical - as opposed to risking substantial adverse consequences for franchisees/franchisors by changing the Oil Code to accommodate what essentially amounts to being obligations under Australian employment law.
Whilst most of the special circumstances mirror the Franchising Code, the Oil Code provides suppliers with the ability to terminate a fuel re-selling agreement on the basis that there has been a breach of a provision of the fuel re-selling agreement at least three times.
Whilst the original version of Oil Code was similar to the Code, given the number of changes made to the Franchising Code, the Oil Code has not kept up and some provisions intended to deal with matters in a similar way reflect older drafting,10 and not the current provisions of the Franchising Code.