Article by Matthew Morosin
Does your business supply goods or services to individual
consumers using non-negotiable contracts? Does your website have a
terms of use? Do you currently use standard form engagement
letters, or shrink wrap end user agreements? If you have answered
'yes' to any of the above questions, you may have to review
and amend your current suite of standard-form contracts to ensure
that they comply with the recently proposed unfair consumer
contract laws.
On 24 June 2009 the Trade Practices Amendment (Australian
Consumer Law) Bill 2009 (Bill) was introduced into
Federal Parliament. The Bill deals with unfair and prohibited terms
in consumer contracts and seeks to amend the Trade Practices Act
1974 (Cth) (TPA) and Australian Securities and
Investment Commission Act 2001 (Cth) (ASIC
Act).
