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Second Reading Speeches

Treasury Laws Amendment (2018 Measures No. 3) Bill 2018

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
45

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Summary

Amends the

Competition and Consumer Act 2010
to: align the maximum penalties under the Australian Consumer Law (ACL) with the maximum penalties under the competition provisions of the Act; amend the ACL to provide for a safe harbour defence to an allegation of false, misleading or deceptive conduct where a person has complied with an information standard about free range eggs; and ensure the confidentiality of supplier information obtained by the Australian Energy Regulator in performing its wholesale market monitoring and reporting functions.