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Bills of the current Parliament

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Treasury Laws Amendment (Australian Consumer Law Review) Bill 2018


Type
Government
Originating house
House of Representatives
Status
Before Reps
Portfolio
Treasury

Summary

Implements certain recommendations of the Australian Consumer Law Review Final Report by amending the: Competition and Consumer Act 2010 to: amend evidentiary requirements to allow private litigants to rely on admitted facts from earlier proceedings; clarify the operation of unsolicited services provisions and unsolicited consumer agreements in a public place; ensure that fees or charges associated with pre-selected options must be included in the single price; strengthen the Australian Competition and Consumer Commission’s (ACCC) powers to obtain information about product safety; enable third parties to give effect to a community service order; and clarify the scope of the exemption from the consumer guarantees for the transport or storage of goods; Australian Securities and Investments Commission Act 2001 and Competition and Consumer Act 2010 to: extend the unconscionable conduct protections to publicly listed companies; and enable the ACCC and the Australian Securities and Investments Commission (ASIC) to investigate possible unfair contract terms; and Australian Securities and Investments Commission Act 2001 to: correct inconsistent terminology for financial products that involve interests in land; and clarify the application of consumer protections to financial products.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time 28/03/18  
Second reading moved 28/03/18  
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes
  • Considered by scrutiny committee (09/05/2018): Senate Standing Committee for the Scrutiny of Bills; Scrutiny Digest 5 of 2018