The new Competition and Consumer Act 2010 (CCA) came into effect on 1 January this year, replacing the Trade Practices Act. With this legislation we have also seen the introduction of the new Australian Consumer Law - a uniform set of laws that have been specifically designed to give greater protection to consumers and provide businesses with a common set of obligations.
It is crucial that ALL businesses understand the key concepts behind this new legislation to ensure they are compliant.
To assist our clients to be "CCA Compliant" we have prepared a series of articles explaining various aspects of the legislation. We have also developed a check list so you can determine to what extent your business will be affected by the CCA and what steps you need to take to be adequately prepared. Please click here to access our CCA Check List.
The steps you may need to take include:
- Review your terms and conditions, contracts, brochures, advertising material and warranties
- Amending the documents to ensure they comply with CCA
- Understanding how the CCA impacts your business
Many of our clients have already undertaken a review of their agreements, warranties and process to comply with all aspects of the CCA. It is essential that your business acts now to understand the impact of CCA and takes appropriate measures to comply with all requirements set by the CCA.
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.
