New draft legislation has both extended and clarified existing Unfair Contract Term (UCT) protections in Australia. The changes ensure that the UCT protections contained in the Australian Consumer Law (the ACL) and the ASIC Act will now apply to more business-to-business contracts, giving greater certainty to small businesses. It is likely the changes will come into effect in the first half of 2022.
The Commercial Tenancy Relief Scheme Regulations 2021, aimed at mitigating the impact of COVID-19 on commercial tenancies between 28 July 2021 and 15 January 2021 were released on 24 August 2021 (2021 Regulations).
Here We Go Again;...
On 1 June 2021, amendments to the Competition and Consumer (Industry Codes – Franchising) Regulation 2014 (Franchising Code) were released. Titled the ‘Competition and Consumer (Industry Codes – Franchising) Amendment (Fairness in Franchising) Regulations 2021 (Amendment), the amendment makes a raft of changes to the Franchising Code aimed at increasing fairness and transparency in franchising.
With over 30 years’ experience as a commercial lawyer, Greg is someone you can trust. He has experience acting for both corporate and private clients in complex transactions. Greg’s priority is providing practical and effective advice which meets his clients’ needs. Outside of the office, Greg keeps up with sports and is always partial to a great Netflix series.