LAWS107 Chapter Notes - Chapter 1: Competition And Consumer Act 2010, Australian Consumer Law, Consumer Protection
Document Summary
The aim of the consumer protection laws are: prevent businesses from harming consumers, promoting fair competition between businesses by preventing businesses from gaining an unfair advantage in the market at the expense of customers and competitors. Prior to 1 jan 2011, the cca was known as the trade practices act. Consumer protections laws (eg: misleading or deceptive conduct, misrepresentation and unconscionable conduct) in relation to financial services are regulated by the australian securities and. Investments commission act 2001 and looked after by the australian. Consumer law and unfair practices" dealt with by the australian. Australian consumer law (acl) is schedule 2 of the competition and. > acl is not the name of the legislation. > only the name given to schedule 2. > legislation is the competition and consumer act 2010 (cth) (referred to as cca: key types of conduct: S 18: misleading or deceptive conduct: ss 20-22: unconscionable conduct.
