Article
Where An Expression Of Interest Has Been Accepted, Failure To Disclose Negotiations With A Third Party May Amount To Misleading Or Deceptive Conduct - Section 42 Of The Fair Trading Act 1987 (NSW)
The Court found that a municipal council's deliberate failure to disclose that negotiations were no longer exclusive amounted to misleading or deceptive conduct within the meaning of section 42 of the Fair Trading Act 1987 (NSW), in circumstances where it had accepted an Expression of Interest from the plaintiff.
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