Trade Practices Act renamed

On 1 January 2011 the Trade Practices Act will become the Competition and Consumer Act 2010 and its well known consumer protection provisions will be replaced by the Australian Consumer Law contained in Schedule 1 of Trade Practices Amendment (Australian Consumer Law) Act (No. 2) 2010 which will be inserted as Schedule 2 to the renamed Trade Practices Act.

Parts IVA (unconscionable conduct) and V (consumer protection) have been replaced.

For example section 52 of the Trade Practices Act becomes section 18 of the Australian Consumer Law.

Background

Print Friendly, PDF & Email
 

Your Compliance Support Plan

We understand you need a cost-effective way to keep up to date with regulatory changes. Talk to us about our fixed price plans.