Late last year, the Parliamentary Secretary for Health and
Ageing, the Hon Catherine King MP, announced a thorough review of
the way in which the regulatory processes and decisions of the TGA
are communicated. The aim of the review is to improve the
transparency of the TGA which, it is thought, will in turn improve
the public's confidence in the TGA.
The review panel, headed by Professor Dennis Pearce AO, is due
to report the results of its review by the end of April 2011.
If your organisation is involved in the production and/or
marketing of therapeutic goods, the TGA has requested you consider
ways in which greater assistance could be provided by the TGA
in respect of evaluation, registration, listing and/or marketing
issues you may have experienced or concerns you might have
regarding the transparency of the TGA decision-making and
Should you have any suggestions in respect of the way in which
the TGA could provide greater assistance to your organisation, have
encountered issues or have concerns regarding the transparency of
the TGA's processes and decision-making, the review presents an
ideal opportunity for you to contribute.
Any submissions must be made by Friday 11 February
2011. Following on from this, in late February and/or
early March 2011, the Panel intends to hold a series of public
consultations in several cities. We will advise you of the dates
and locations once they are released.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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The recently enacted National Consumer Credit Protection Act 2009 (National Credit Act) establishes a new national licensing regime for the regulation of consumer credit in Australia. The new regime includes a licensing requirement. If you currently engage in a credit activity, such as providing credit or advice in relation to credit, you may need to register with ASIC before 30 June 2010. Failure to register in time will result in you being required to cease the credit activities as of 1 July 2
Education of consumers and businesses remained a key focus, but also considerable monitoring and enforcement activity.
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