A Bill has been introduced into the House of Representatives amending the penalties for anti-competitive practices under the Australian Consumer Law.
Due to take effect from July 2018, the new maximum penalty for a body corporate will be:
The current maximum penalty for a body corporate under the ACL is $1.1 million
The maximum penalty for a person other than a body corporate will be $500,000. Currently the maximum penalty for a person other than a body corporate is $220,000.
For further information click on this link to the ACCC website.
If you have any concerns about your privacy or if you think your privacy has been breached, please contact this office for a free half hour consultation.
The ACCC launches its first unfair contracts court action to protect small business. The action has been taken against JJ Richards one of the biggest players in the waste management industry. For more information about your rights under the new Unfair Contracts Law contact us and read more about this landmark case here.
New unfair contracts law has been extended to standard form contracts and small business where there has been no negotiation and one of the parties has less than 20 employees. If you run a small business or are looking for advice on the new regime contact us for a free initial consultation or click here to visit the ACCC website for further information.
Etiam magna arcu, ullamcorper ut pulvinar et, ornare sit amet ligula. Aliquam vitae bibendum lorem. Cras id dui lectus. Pellentesque nec felis tristique urna lacinia sollicitudin ac ac ex. Maecenas mattis faucibus condimentum. Curabitur imperdiet felis at est posuere bibendum. Sed quis nulla tellus.
63739 street lorem ipsum City, Country
+12 (0) 345 678 9
info@company.com
