Share on LinkedInShare on LinkedIn

ARTICLE · 18 NOVEMBER 2012

Updating terms and conditions to comply with recent changes

Hall & Wilcox
Hall & Wilcox
Contributor
Hall & Wilcox

Hall & Wilcox

Hall & Wilcox is a leading independent Australian law firm. We are a national firm with eight...

View firm profile
Explore more from Hall & Wilcox

Non-compliant terms and conditions run the risk of being unenforceable and exposing a business to substantial fines.

AustraliaConsumer Protection

Recent changes to various laws have had a significant effect on how terms and conditions should be drafted. Non-compliant terms and conditions run the risk of being unenforceable and exposing a business to substantial fines.

As an example, the Australian Competition and Consumer Commission has been active in enforcing the Australian Consumer Law (ACL). Since January 2010, over $18 million in fines have been imposed for breaches of the ACL. Of these, at least six companies were fined over $1 million.

Another change, the introduction of the Personal Property Security Act 2009 (PPSA), means that if goods are sold on credit or terms contain retention of title provisions, these provisions may be ineffective.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from