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29 Jul 15
Protecting the little guy: unfair contract terms to apply to small businesses

In April 2015, the Federal Government released draft legislation titled the Treasury Legislation Amendment (Small Business and Unfair Contract Terms) Bill 2015, which if enacted, will extend the consumer unfair standard contract term protections to small businesses.

The legislation proposes to amend the Australian Securities and Investment Commission Act 2001 (Cth), and the Competition and Consumer Act 2010 (Cth) and is anticipated to commence in early 2016.  

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