New review of regulatory arrangements for embedded networks

New review of regulatory arrangements for embedded networks

AU Energy Compliance
By Anne Wardell, Compliance Quarter On 12 September 2017 the Australian Energy Market Commission (AEMC) released a Draft Report which recommends changes to the regulatory framework for embedded networks. A copy of the Draft Report is available on the AEMC website under Market Reviews: Open: Review of regulatory arrangements for embedded networks. Submissions on the Draft Report must be submitted by 17 October 2017. Although this seems a relatively short period to allow stakeholders to read the Draft Report, which is 140 pages, and make recommendations, the issue of whether there is sufficient regulation of embedded networks has been on the regulator's agenda for some time. A stakeholder workshop was held on 4 October 2017. Significant Changes Ahead The AEMC is of the view that the current regulatory framework for…
Read More
Unfair contract terms

Unfair contract terms

Consumer, Uncategorized
UPDATE: In the JJ Richards matter the Federal Court has declared by consent that eight of the terms in the contract were unfair contract terms. The unfair terms are set out below. See ACCC MR 176/17 The Australian Competition and Consumer Commission (ACCC) has recently instituted two proceedings in relation to unfair contract terms. These are the first proceedings instituted by the ACCC under the new laws that protect small businesses from unfair contract terms. JJ Richards JJ Richards & Sons Pty Ltd is one of the largest waste management companies in Australia. The unfair terms: binding customers to subsequent contracts unless they cancel the contract within 30 days before the end of the term; allowing JJ Richards to unilaterally increase its prices; removing any liability for JJ Richards where its performance…
Read More