Tougher laws for unfair contract terms from 9 November 2023
The Australian Parliament enacted tougher laws against unfair contract terms (UCT) by passing the Treasury Laws Amendment (More Competition, Better Prices) Act 2022 (Amendment Act).
The Australian Parliament enacted tougher laws against unfair contract terms (UCT) by passing the Treasury Laws Amendment (More Competition, Better Prices) Act 2022 (Amendment Act).
Businesses, consider yourself warned – the penalties for competition and consumer law breaches in NSW have recently increased significantly.
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