Document background
A Commercial Supply Agreement is essential for businesses engaged in ongoing supply relationships in Australia. This document is typically used when establishing a formal supply arrangement between a supplier and purchaser, where there will be regular or continuous supply of goods or services. It provides a comprehensive framework for managing the supply relationship, including detailed terms covering ordering, delivery, pricing, quality standards, and risk allocation. The agreement ensures compliance with Australian legislative requirements, including the Competition and Consumer Act 2010 (Cth), relevant state legislation, and GST regulations. It is particularly important for protecting both parties' interests in long-term supply arrangements and establishing clear operational procedures and responsibilities.
