Document background
The Product Supply Agreement Between Manufacturer And Buyer is a critical commercial document used to formalize the supply relationship between parties in the Australian market. This agreement is essential when establishing ongoing supply arrangements where a manufacturer agrees to produce and supply specific products to a buyer according to agreed specifications and terms. It addresses key aspects required under Australian law including compliance with the Competition and Consumer Act 2010, various state-based Sale of Goods Acts, and industry-specific regulations. The agreement typically includes detailed provisions on product specifications, quality standards, pricing mechanisms, delivery terms, warranties, and risk allocation. It's particularly important for businesses engaged in regular, substantial supply arrangements where clarity on commercial and legal obligations is essential for risk management and operational efficiency.
