I move:

That the amendment be agreed to.

The amendment made by the Senate to the Petroleum Retail Legislation Repeal Bill 2006 specifies a starting date for the repeal bill, and effectively the Oilcode, of 1 March 2007. The government does not oppose this amendment. The government looks forward to the commencement of this legislation, which will usher in a new regulatory environment for the downstream petroleum sector by providing all industry participants with a national approach to terminal gate pricing. It will also set minimum standards for a wider range of contractual arrangements and provide access to downstream petroleum dispute resolution schemes.