Our annual "What's Another Year?" bulletin is a
snapshot of the key legal and regulatory developments which we can
expect over the course of 2024, across a range of sectors and
practice areas.
COLLECTIVE LITIGATION
On 11 July
2023, the Representative Actions for the Protection of the
Collective Interests of Consumers Act 2023 (Act) was signed into
law.
The Act, once
commenced, will introduce a civil litigation mechanism through
which representative actions can be brought by a qualified entity
on behalf of consumers for alleged infringement of their rights
under relevant enactments. These enactments traverse a range of
industries including financial services, travel and tourism, data
protection, energy, telecommunications, environment, life sciences,
healthcare and aviation. Secondary legislation is awaited to
clarify the practical operation of aspects of the Act.