Unfair Contract Prohibition changes in Trade Practices Act

By Joanne Daniels · 26 July 2010 · Legal

New Trade Practices Act Changes Shake Up Consumer Contracts

Get ready for a game-changer in consumer law. SMEs, take note: your contracts are about to undergo a major overhaul.

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Summary

Consumer law nationally has been radically changed with the passing of new laws that prohibit standard form consumer contracts which contain unfair terms. These changes are likely to have a significant impact on SMEs and how they interact with their customers.

Tags: Australia, Contracts, law, Trade Practices Act