What is the Fair Trading Act Victoria?

What is the Fair Trading Act Victoria?

The law that protects consumers in Victoria is the Australian Consumer Law and Fair Trading Act 2012. Consumer laws put restrictions on your business to ensure you’re fair in the way you: trade (online and in-person) advertise.

When was the Trade Practices Act repealed?

The Restrictive Trade Practices Act 1971 and the Restrictive Trade Practices Act 1972 are repealed.

What is the legislation relating to consumer protection Victoria?

For information about consumer laws and their enforcement in Victoria, you can visit Consumer Affairs Victoria. The ACL replaced the following fair trading and consumer protection laws in Victoria: Fair Trading Act 1999 (Vic) [PDF 257KB] Trade Practices Act 1974 (Cth): Parts IVA, V, VA and VC.

What is the Fair Trading Act 1999?

The Act promotes fair trading between competitors while also ensuring that consumers are treated fairly. The Australian Competition and Consumer Commission (ACCC) administers and enforces the Act along with state and territory regulators. The Act broadly covers: unfair market practices.

What is the purpose of the Fair Trading Act?

The Fair Trading Act (FTA) exists to: promote fair competition. make sure consumers get accurate information before buying products and services. promote product safety.

What power does Fair Trading have?

Fair Trading’s role in compliance NSW Fair Trading promotes a fair marketplace for consumers and traders by maximising traders’ compliance with regulatory requirements. We safeguard consumer rights and investigate alleged breaches of the legislation we administer.

Does the Trade Practices Act still exist?

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.

How does the law protect customers?

As well as protection from unfair trading, consumers are protected by statutory rights and regulations against unfair contracts. Among other things, these generally give the consumer the right to cancel an order within an automatic cooling-off period and receive a refund or replacement if goods are faulty.

What is the legislation that covers property sales in Victoria?

Sale of Land Act 1962. Residential Tenancies Act 1997. Retail Leases Act 2003.

What does the Australian Consumer Law cover?

The Australian Consumer Law (ACL) includes: a national unfair contract terms law covering standard form consumer and small business contracts; a national law guaranteeing consumer rights when buying goods and services; penalties, enforcement powers and consumer redress options.

What powers does Fair Trading have?

NSW Fair Trading investigate unfair practices and ensures that the products sold in NSW are safe and meet their regulations and safety standards. NSW Fair Trading also register co-operatives and associations, and issue occupational licences so consumers can trust the people they are dealing with.

What does the Fair Trade Act cover?

This Act constitutes the main law covering business behaviour in NSW. Under the Act, it is unlawful to make false claims about a product or service; Operate in a misleading or deceptive way, or in a way that is likely to mislead or deceive your customers.