Summary
Amends the:
Trade Practices Act 1974
to implement a national consumer law regime (the Australian Consumer Law) which will: address unfair contract terms; and include penalties, enforcement powers and consumer redress options;
Australian Securities and Investments Commission Act 2001
to include corresponding provisions applicable to financial services; and
Administrative Decisions (Judicial Review) Act 1977
,
Telecommunications (Interception and Access) Act
1979, and
Trade Practices Act 1974
to make consequential amendments.