Consultation on Exposure Draft on Australian Consumer Law (ACL) Amendments

Consultation on Exposure Draft on Australian Consumer Law (ACL) Amendments

Consumer, Uncategorized
The Government recently released an exposure draft of a Bill (the draft Bill) capturing many of the recommendations of 2017’s Australian Consumer Law (ACL) Review (https://treasury.gov.au/consultation/t257313). Today we look at the key proposals contained in the draft Bill and point out how where they differ from the recommendations that resulted from the review. [caption id="attachment_3055" align="aligncenter" width="640"] Photo by Luke Palmer on Unsplash[/caption] By Dr Drew Donnelly, Compliance Quarter. Background In mid-2015 the Commonwealth, State and Territory Consumer Affairs Ministers (Joint Ministers) asked Consumer Affairs Australia and New Zealand to initiate a broad-reaching review of the Australian Consumer Law (ACL), the ‘ACL Review’. As well as generally looking at whether the Australian Consumer Law was still fit-for-purpose, the Australian Consumer Law Review looked at where it would be appropriate to…
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Are you prepared for 1 April 2018? Five questions about the new registration requirements for the sale or supply of electricity in Victoria

Are you prepared for 1 April 2018? Five questions about the new registration requirements for the sale or supply of electricity in Victoria

AU Energy Compliance
The ESC announces registration and provision of key information in relation to the sale or supply of electricity in Victoria. We take a deeper look. The Victorian State Government (the Government) recently announced that those who currently sell or supply electricity under an exemption in Victoria (such as those ‘on-selling’ in a private electricity (or ‘embedded’ network), will now be required to register and provide key information to the Essential Services Commission (ESC).[1] The new registration requirement will apply from 1 April 2018. In today’s article, we give you a quick run-down on the new requirements as well as proposals that the Government seeks feedback on. [caption id="attachment_3052" align="aligncenter" width="640"] Photo by Jens Moser on Unsplash[/caption] Background Late last year we discussed proposals that the majority of those with existing…
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