Australian Consumer Law penalties to increase

By David Jacobson The Treasury Laws Amendment (2018 Measures No.3) Bill 2018 has been introduced into the House of Representatives to strengthen penalties under the Australian Consumer Law (ACL).
The Bill amends the ACL, to strengthen and align the maximum penalties under the ACL with the maximum penalties under the competition provisions of the Competition and Consumer Act.
The amendments will take effect from the later of 1 July 2018 and the day after the Bill receives the Royal Assent. The amended penalty regime will apply in relation to acts, omissions or offences that occur on or after the commencement date.
The new maximum penalty for …read more

Source:: Bright Law

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