UNFAIR CONTRACT TERMS LAW SET TO CHANGE 9 NOVEMBER
Unfair contract terms (UCT) laws are set to change from 9 November 2023, following the assent of the Treasury Laws Amendment (More Competition, Better Prices) Act 2022 (Cth) (‘the Act’). Significant increases to penalties were introduced for businesses who include or rely on an unfair term within a contract. The upcoming UCT laws apply to small …
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