What replaced the trade practices act 1974

The most notable change to consumer law is the repeal of the Trade Practices Act 1974 (Cth) (the Trade Practices Act). The Trade Practices Act has been largely replaced by the ACL, however not all provisions from the Trade Practices Act have remained the same in the ACL. There are also additional provisions in the ACL to the provisions of the Trade Practices Act.

Trade Act of 1974; Long title: An Act to promote the development of an open, nondiscriminatory, and fair world economic system, to stimulate fair and free competition between the United States and foreign nations, to foster the economic growth of, and full employment in, the United States, and for other purposes. From 1 January 2011 the Trade Practices Act 1974 (Cth) has been replaced by the Competition and Consumer Act 2010 (Cth). Trade Practices Act 1974 (Cth) Please note that the 'Trade Practices Act 1974' was renamed the Competition and Consumer Act 2010, effective 1 January 2011. This name change does not have any impact on the the numbering or content of the competition provisions in the Act. Go to the Competition and Consumer Act 2010 page for links The Restrictive Trade Practices Act 1971 and the Restrictive Trade Practices Act 1972 are repealed. Interpretation. 4. (1) In this Act, unless the contrary intention appears— “authorization” means an authorization under Division 1 of Part VII granted by the Commission or by the Tribunal on a review of a determination of the Commission; The TPA was enacted in 1974 replacing the Restrictive Trade Practices Act 1971. Some key points of interest include: Some key points of interest include: The Commission was the Trade Practices Commission and the Tribunal the Trade Practices Tribunal TRADE PRACTICES ACT 1974 No. 51, 1974 - SECT 52 Misleading or deceptive conduct. 52. (1) A corporation shall not, in trade or commerce, engage in conduct that is misleading or deceptive. (2) Nothing in the succeeding provisions of this Division shall be taken as limiting by implication the generality of sub-section (1).

9 Aug 2016 Learn what the Competition and Consumer Act 2010 (replaces the Trade Practices Act 1974) means for businesses and consumers in 

5. What is the purpose of the Trade Practices Act 1974? (i) the price of the goods did not exceed the prescribed amount; or (ii) where that price exceeded the prescribed amount—the goods were of a kind ordinarily acquired for personal, domestic or household use or consumption or the goods consisted of a commercial road vehicle; and the person did not acquire the goods, or hold himself or Parts IV and V of the Trade Practices Act 1974 (Cth) (Trade Practices Act) provides protections for consumers who conduct transactions with corporations or the Commonwealth. [25] All States and Territories have mirrored many of the consumer protection provisions in the Trade Practices Act in their fair trading legislation. [26] Trade Practices Act Objectives. To prevent anti-competitive conduct, thereby encouraging competition and efficiency in business. To ensure the interests and welfare of consumers are adequately protected in their dealings with producers and sellers. Trade Practices Amendment (Cartel Conduct and Other Measures) Act 2009 The Parliament of Australia has passed the Trade Practices Amendment (Cartel Conduct and Other Measures) Act 2009 (the Act), which amended the Trade Practices Act 1974 (TPA) to provide criminal penalties for cartel conduct The main provisions of the Act commence on 24 July 2009.

1974, and Their Administration, Public Submission 46, Trade Practices Act Review, 6 (2002). 8 This bill replaces the Trade Practices Legislation Amendment Bill 

Please note that the 'Trade Practices Act 1974' was renamed the Competition and Consumer Act 2010, effective 1 January 2011. This name change does not have any impact on the the numbering or content of the competition provisions in the Act. Go to the Competition and Consumer Act 2010 page for links to individual provisions and commentary. TRADE PRACTICES ACT 1974 No. 51, 1974 - SECT 52 Misleading or deceptive conduct. 52. (1) A corporation shall not, in trade or commerce, engage in conduct that is misleading or deceptive. (2) Nothing in the succeeding provisions of this Division shall be taken as limiting by implication the generality of sub-section (1).

9 Aug 2016 Learn what the Competition and Consumer Act 2010 (replaces the Trade Practices Act 1974) means for businesses and consumers in 

The TPA was enacted in 1974 replacing the Restrictive Trade Practices Act 1971.Some key points of interest include: The Commission was the Trade Practices Commission and the Tribunal the Trade Practices Tribunal ; In section 45 prohibits contracts, arrangements or understandings in 'restraint of trade or commerce' (s 45(2)) where they had a 'significant

The TPA was enacted in 1974 replacing the Restrictive Trade Practices Act 1971.Some key points of interest include: The Commission was the Trade Practices Commission and the Tribunal the Trade Practices Tribunal ; In section 45 prohibits contracts, arrangements or understandings in 'restraint of trade or commerce' (s 45(2)) where they had a 'significant

Trade Practices Amendment (Cartel Conduct and Other Measures) Act 2009 The Parliament of Australia has passed the Trade Practices Amendment (Cartel Conduct and Other Measures) Act 2009 (the Act), which amended the Trade Practices Act 1974 (TPA) to provide criminal penalties for cartel conduct The main provisions of the Act commence on 24 July 2009. The new Australian Consumer Law replaced previous Commonwealth, State and Territory consumer protection legislation in fair trading acts and the Trade Practices Act 1974 from 1 January 2011. Consumer guarantees. Consumer guarantees are a new comprehensive set of rights and remedies for defective goods and services. It replaces existing

Parts IV and V of the Trade Practices Act 1974 (Cth) (Trade Practices Act) provides protections for consumers who conduct transactions with corporations or the Commonwealth. [25] All States and Territories have mirrored many of the consumer protection provisions in the Trade Practices Act in their fair trading legislation. [26]